Overview

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Est.

1982

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

COTS is a nonprofit organization focused on providing support to families experiencing homelessness in Detroit, Michigan. With an operating budget of $9.7 million and total revenue of $8.2 million for the 2024 filing year, COTS aims to assist families in achieving their housing, economic, health, education, and career goals to break the cycle of poverty. The organization does not rely on any single funder for 50% or more of its revenue, ensuring a diverse funding base to sustain its mission. For more information, visit www.cotsdetroit.org.

Mission Statement

TO ASSIST FAMILIES IN REACHING THEIR HOUSING, ECONOMIC, HEALTH, EDUCATION, AND CAREER GOALS AS THEY OVERCOME HOMELESSNESS AND BREAK THE CYCLE OF POVERTY FOR THEMSELVES, THEIR NEXT GENERATION, AND BEYOND.
Revenues
$8.2M
Expenses
$9.8M
Net Income:
-$1.6M
Assets
$25.5M
Liabilities
$2.1M
Net Assets:
+$23.5M
Operating Budget
$9.7M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
39
Median grant size
$5K
Largest grant received
$370K
R
Rita Fields
Board Member
I
Ina Fernandez
Board Member
J
Josh Jamie
Board Member

Frequently Asked Questions

What is COTS’s budget?
In 2024, COTS reported an annual operating budget of around $9.7 million. More detailed financial information is available to registered users.
What causes does COTS support?
COTS supports work in Homeless shelters.
Where does COTS operate?
COTS is headquartered in Detroit, MI.
Who funded COTS recently?
In 2025, COTS received grants from CHARITIES AID FOUNDATION AMERICA, JAMES AND LYNELLE HOLDEN FUND, and CLANNAD FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant COTS received in 2024?
The largest grant to COTS in 2024 exceeds $370 thousand.
What is COTS’s reliance on government grants?
COTS relied on government grants for more than 45% of their total revenue in 2024.