Newport Bickford Inc

Analysis

Newport Bickford Inc is a registered charity in United States, based in Windsor Locks, CT. It received its IRS tax-exemption ruling in May 1997, 29 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 December 2023, Newport Bickford Inc reported income of $4.4m and spending of $5.2m, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.1m to $4.4m (+8.0%), an average of +1.9% a year. The sharpest change came in the year to December 2023, when income rose by 30%. Over the whole period it spent 105% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Newport Bickford Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 90th percentile within CT. Charities of a similar size with the same main cause include Apex Transitional Housing ($4.4m), Quest Counseling & Consulting ($4.4m) and Health and Hope Clinic Inc ($4.4m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 71% of the total. Other salaries and wages came to $2.7m. At year end it held assets of $2.5m against liabilities of $4.0m, net assets of -$1.5m. It reported 128 employees.