Newington Elementary Childrens Center Inc

Analysis

Newington Elementary Childrens Center Inc is a registered charity in United States, based in Newington, CT. It received its IRS tax-exemption ruling in November 1995, 31 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 August 2023, Newington Elementary Childrens Center Inc reported income of $815k and spending of $934k, spending 115% of what it took in. Across the 4 years on record, from August 2020 to August 2023, income grew from $592k to $815k (+38%), an average of +11% a year. The sharpest change came in the year to August 2022, when income rose by 116%. Over the whole period it spent 110% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Newington Elementary Childrens Center Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 75th percentile within CT. Charities of a similar size with the same main cause include Sunshine House Kid Zone Inc ($815k), Sanders County Coalition for Families ($815k) and Sixty and Better Inc ($814k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 6.3% and program service revenue 93% of the total. Other salaries and wages came to $644k. At year end it held assets of $1.2m against liabilities of $95k, net assets of $1.1m. It reported 31 employees.