Newtown Youth and Family Services Inc

Analysis

Newtown Youth and Family Services Inc is a registered charity in United States, based in Sandy Hook, CT. It received its IRS tax-exemption ruling in August 1984, 42 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 June 2024, Newtown Youth and Family Services Inc reported income of $1.8m and spending of $2.0m, spending 110% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $1.9m to $1.8m (-5.1%), an average of -1.0% a year. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Newtown Youth and Family Services Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 83rd percentile within CT. Charities of a similar size with the same main cause include Ontrack Program Resources Inc ($1.8m), Joyce L Sobel Family Resource Center ($1.8m) and Wee Kids Kountry Klub Inc of Hobbs ($1.8m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 50% and program service revenue 47% of the total. Compensation of current officers, directors and key employees was $149k (7.5% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $3.9m against liabilities of $668k, net assets of $3.2m. It reported 70 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.