New Fairfield Community Trift Shop Inc

Analysis

New Fairfield Community Trift Shop Inc is a registered charity in United States, based in New Fairfield, CT. It received its IRS tax-exemption ruling in February 1995, 31 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 April 2024, New Fairfield Community Trift Shop Inc reported income of $73k and spending of $62k, spending 85% of its income. Across the 4 years on record, from April 2020 to April 2024, income grew from $61k to $73k (+20%), an average of +6.2% a year. The sharpest change came in the year to April 2022, when income rose by 203%. Over the whole period it spent 56% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, New Fairfield Community Trift Shop Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 27th percentile within CT. Charities of a similar size with the same main cause include Restoring Gods Glory Ministries Incorporated ($73k), Friendship Donations Network Inc ($73k) and Sac Foundation ($73k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 2.4% of the total. At year end it held assets of $348k against liabilities of $10, net assets of $348k.