Old Timers Athletic Association of Greater Danbury Inc

Analysis

Old Timers Athletic Association of Greater Danbury Inc is a registered charity in United States, based in Danbury, CT. It received its IRS tax-exemption ruling in December 1990, 36 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 December 2023, Old Timers Athletic Association of Greater Danbury Inc reported income of $93k and spending of $47k, leaving 50% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $35k to $93k (+167%), an average of +28% a year. The sharpest change came in the year to December 2021, when income rose by 337%. Over the whole period it spent 66% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Old Timers Athletic Association of Greater Danbury Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 33rd percentile within CT. Charities of a similar size with the same main cause include Oak Meadows Christian Academy ($93k), Linking Partnership Opportunities Foundation ($93k) and Bowdoinham Public Library ($93k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.8% of the total. At year end it held assets of $340k against liabilities of -$2,384, net assets of $342k.