A Better Chance in Ridgefield Inc

Analysis

A Better Chance in Ridgefield Inc is a registered charity in United States, based in Ridgefield, CT. It received its IRS tax-exemption ruling in February 1987, 39 years ago. 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 2023, A Better Chance in Ridgefield Inc reported income of $287k and spending of $276k, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $227k to $287k (+26%), an average of +6.0% a year. The sharpest change came in the year to June 2020, when income rose by 43%. Over the whole period it spent 72% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, A Better Chance in Ridgefield Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 58th percentile within CT. Charities of a similar size with the same main cause include Two Hundred Club of Miami Inc ($287k), High Country Volunteers ($287k) and Wheaton Drama Inc ($287k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 89% of the total. Other salaries and wages came to $71k. At year end it held assets of $1.2m against liabilities of $11k, net assets of $1.1m. It reported 6 employees.