Noroton Heights Depot Inc

Analysis

Noroton Heights Depot Inc is a registered charity in United States, based in Darien, CT. It received its IRS tax-exemption ruling in January 1990, 36 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Noroton Heights Depot Inc reported income of $468k and spending of $445k, spending 95% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $344k to $468k (+36%), an average of +6.3% a year. The sharpest change came in the year to June 2020, when income rose by 57%. Over the whole period it spent 83% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Noroton Heights Depot Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 67th percentile within CT. Charities of a similar size with the same main cause include American Childrens Campaign Inc ($467k), Ohio Futbol Club ($468k) and Litchfield Aid of the Connecticut Junior Republic Association ($467k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 59% of the total. Compensation of current officers, directors and key employees was $243k (55% of expenses). Other salaries and wages came to $6,491. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m. It reported 10 employees.