Easton Community Center Inc

Analysis

Easton Community Center Inc is a registered charity in United States, based in Easton, CT. It received its IRS tax-exemption ruling in June 1998, 28 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 August 2023, Easton Community Center Inc reported income of $2.1m and spending of $2.1m, spending 99% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.6m to $2.1m (+32%), an average of +7.1% a year. The sharpest change came in the year to August 2021, when income rose by 59%. Over the whole period it spent 100% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Easton Community Center Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 84th percentile within CT. Charities of a similar size with the same main cause include Detroit Lions Charities ($2.1m), Mitchell Swaback Charities Inc ($2.1m) and Sunshine Foundation ($2.1m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 10% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $126k (6.1% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $1.9m against liabilities of $0, net assets of $1.9m. It reported 142 employees.