Cottage Grove Community Foundation

Analysis

Cottage Grove Community Foundation is a registered charity in United States, based in Cottage Grove, OR. It received its IRS tax-exemption ruling in June 1991, 35 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Cottage Grove Community Foundation reported income of $574k and spending of $305k, leaving 47% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $252k to $574k (+128%), an average of +23% a year. The sharpest change came in the year to December 2020, when income rose by 336%. Over the whole period it spent 48% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Cottage Grove Community Foundation sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within OR. Charities of a similar size with the same main cause include Wes Corporation ($574k), Monte Vista Community Fund Inc ($574k) and Friends of Ivanhoe School ($573k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% of the total. Other salaries and wages came to $8,540. At year end it held assets of $6.5m against liabilities of $7,467, net assets of $6.5m. It reported 1 employees.