Charles E Cotting Charitable Corp
EIN: 42767464 · Boston, MA · NTEE: B110
| Metric | Value |
|---|---|
| Total Revenue | $23.4M |
| Total Expenses | $8.5M |
| Net Assets | $110.5M |
Is Charles E Cotting Charitable Corp Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Charles E Cotting Charitable Corp
Charles E Cotting Charitable Corp (EIN: 42767464) is a nonprofit organization based in Boston, MA, classified under NTEE code B110. The organization reported total revenue of $23.4M and total assets of $112.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Charles E Cotting Charitable Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Charles E Cotting Charitable Corp is a large nonprofit that has been operating for 44 years, with 14 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $7.0M |
| Total Expenses | $8.5M |
| Surplus / Deficit | $-1,471,098 |
| Total Assets | $110.5M |
| Net Assets | $110.5M |
| Operating Margin | -21.0% |
| Months of Reserves | 156.7 months |
Financial Health Grade: B
In 2023, Charles E Cotting Charitable Corp reported a deficit of $1.5M with expenses exceeding revenue, holds 156.7 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2011–2023), Charles E Cotting Charitable Corp's revenue has grown at a compound annual growth rate (CAGR) of 1.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -0.7% | -0.1% | -1.4% |
| 2022 | -51.4% | +4.7% | -1.4% |
| 2021 | +52.3% | +9.8% | +5.8% |
| 2020 | +6.7% | +1.6% | +3.2% |
| 2019 | +124.6% | +0.0% | +0.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1982 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Charles E Cotting Charitable Corp has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Charles E Cotting Charitable Corp with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1.5M, with expenses exceeding revenue.
Frequently Asked Questions about Charles E Cotting Charitable Corp
Is Charles E Cotting Charitable Corp a legitimate charity?
Based on AI analysis of IRS 990 filings, Charles E Cotting Charitable Corp (EIN: 42767464) insufficient data. 0 red flags identified, 0 strengths noted.
How does Charles E Cotting Charitable Corp spend its money?
Detailed spending breakdown data is not yet available for Charles E Cotting Charitable Corp. Check back for updated IRS 990 analysis.
Are donations to Charles E Cotting Charitable Corp tax-deductible?
Charles E Cotting Charitable Corp is registered as a tax-exempt nonprofit (EIN: 42767464). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Charles E Cotting Charitable Corp located?
Charles E Cotting Charitable Corp is headquartered in Boston, Massachusetts and files with the IRS under EIN 42767464. It is classified under NTEE code B110.
How many years of IRS 990 filings does Charles E Cotting Charitable Corp have?
Charles E Cotting Charitable Corp has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $23.4M in total revenue.
Filing History
IRS 990 filing history for Charles E Cotting Charitable Corp showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), Charles E Cotting Charitable Corp's revenue has grown by 18.1%, moving from $5.9M to $7.0M. Total assets increased by 10.3% over the same period, from $100.2M to $110.5M. Total functional expenses rose by 31.7%, from $6.4M to $8.5M. In its most recent filing year (2023), Charles E Cotting Charitable Corp reported a deficit of $1.5M, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $7.0M | $8.5M | $110.5M | $0 | — | View 990 |
| 2022 | $7.0M | $8.5M | $112.1M | $0 | — | View 990 |
| 2021 | $14.5M | $8.1M | $113.7M | $0 | — | View 990 |
| 2020 | $9.5M | $7.4M | $107.4M | $0 | — | View 990 |
| 2019 | $8.9M | $7.2M | $104.1M | $0 | — | View 990 |
| 2018 | $4.0M | $7.2M | $104.1M | $0 | — | View 990 |
| 2017 | $8.6M | $7.2M | $102.3M | $0 | — | View 990 |
| 2016 | $6.8M | $7.3M | $100.6M | $0 | — | View 990 |
| 2015 | $6.4M | $7.3M | $101.1M | $0 | — | View 990 |
| 2014 | $8.1M | $7.1M | $102.0M | $0 | — | View 990 |
| 2013 | $8.1M | $6.8M | $101.0M | $0 | — | View 990 |
| 2012 | $6.0M | $6.7M | $99.7M | $0 | — | View 990 |
| 2011 | $1.3M | $1.2M | $100.3M | $0 | — | View 990 |
| 2011 | $5.9M | $6.4M | $100.2M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $7.0M, expenses of $8.5M, and assets of $110.5M (revenue -0.7% year-over-year).
- 2022: Revenue of $7.0M, expenses of $8.5M, and assets of $112.1M (revenue -51.4% year-over-year).
- 2021: Revenue of $14.5M, expenses of $8.1M, and assets of $113.7M (revenue +52.3% year-over-year).
- 2020: Revenue of $9.5M, expenses of $7.4M, and assets of $107.4M (revenue +6.7% year-over-year).
- 2019: Revenue of $8.9M, expenses of $7.2M, and assets of $104.1M (revenue +124.6% year-over-year).
- 2018: Revenue of $4.0M, expenses of $7.2M, and assets of $104.1M (revenue -53.9% year-over-year).
- 2017: Revenue of $8.6M, expenses of $7.2M, and assets of $102.3M (revenue +26.8% year-over-year).
- 2016: Revenue of $6.8M, expenses of $7.3M, and assets of $100.6M (revenue +6.2% year-over-year).
- 2015: Revenue of $6.4M, expenses of $7.3M, and assets of $101.1M (revenue -21.2% year-over-year).
- 2014: Revenue of $8.1M, expenses of $7.1M, and assets of $102.0M (revenue -0.2% year-over-year).
- 2013: Revenue of $8.1M, expenses of $6.8M, and assets of $101.0M (revenue +34.5% year-over-year).
- 2012: Revenue of $6.0M, expenses of $6.7M, and assets of $99.7M (revenue +366.7% year-over-year).
- 2011: Revenue of $1.3M, expenses of $1.2M, and assets of $100.3M (revenue -78.2% year-over-year).
- 2011: Revenue of $5.9M, expenses of $6.4M, and assets of $100.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Charles E Cotting Charitable Corp:
Data Sources and Methodology
This transparency report for Charles E Cotting Charitable Corp is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.