Willimantic Renaissance Inc

Analysis

Willimantic Renaissance Inc is a registered charity in United States, based in Willimantic, CT. It received its IRS tax-exemption ruling in February 2004, 22 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Willimantic Renaissance Inc reported income of $110k and spending of $86k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $80k to $110k (+38%), an average of +38% a year. The sharpest change came in the year to December 2023, when income rose by 38%. Over the whole period it spent 90% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Willimantic Renaissance Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 37th percentile within CT. Charities of a similar size with the same main cause include Almanor Fishing Association ($110k), Friends of Rock Island State Park ($110k) and District 3 of the Utah Youth Soccer Association ($110k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 13% of the total. At year end it held assets of $91k against liabilities of $132, net assets of $91k.