Pomperaug Woods Inc

Analysis

Pomperaug Woods Inc is a registered charity in United States, based in Southbury, CT. It received its IRS tax-exemption ruling in March 1983, 43 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2023, Pomperaug Woods Inc reported income of $13.3m and spending of $13.9m, spending 105% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $12.4m to $13.3m (+7.3%), an average of +1.8% a year. The sharpest change came in the year to September 2021, when income dropped by 16%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Pomperaug Woods Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within CT. Charities of a similar size with the same main cause include Community Action of South Mississippi ($13.3m), St Marys Home for Children ($13.3m) and Mend-Meet Each Need with Dignity ($13.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.0% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $392k (2.8% of expenses). Other salaries and wages came to $5.8m. At year end it held assets of $20.9m against liabilities of $34.9m, net assets of -$14.1m. It reported 262 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.