Pawcatuck Neighborhood Center Inc

Analysis

Pawcatuck Neighborhood Center Inc is a registered charity in United States, based in Pawcatuck, CT. It received its IRS tax-exemption ruling in July 1987, 39 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 June 2024, Pawcatuck Neighborhood Center Inc reported income of $2.4m and spending of $2.2m, spending 90% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.6m to $2.4m (+53%), an average of +11% a year. The sharpest change came in the year to June 2024, when income rose by 24%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Pawcatuck Neighborhood Center Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within CT. Charities of a similar size with the same main cause include Santa Ynez Valley People Helping People ($2.4m), Highline Area Food Bank ($2.4m) and Neighbor Network of Northern Nevada ($2.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 92% and program service revenue 5.7% of the total. Other salaries and wages came to $383k. At year end it held assets of $1.8m against liabilities of $64k, net assets of $1.7m. It reported 16 employees.