Friends of Simsbury Crew Inc

Analysis

Friends of Simsbury Crew Inc is a registered charity in United States, based in Simsbury, CT. It received its IRS tax-exemption ruling in September 1977, 49 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Friends of Simsbury Crew Inc reported income of $56k and spending of $62k, spending 109% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $96k to $56k (-42%), an average of -42% a year. The sharpest change came in the year to June 2024, when income dropped by 42%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of Simsbury Crew Inc sits at the 25th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 20th percentile within CT. Charities of a similar size with the same main cause include Monroe County School Music Association Inc ($56k), Network for Research in Jewish Education Inc ($56k) and Terra Linda Parent Teacher Club ($56k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 53% and program service revenue 36% of the total. At year end it held assets of $114k against liabilities of $0, net assets of $114k.