New Canaan Football Club Inc

Analysis

New Canaan Football Club Inc is a registered charity in United States, based in New Canaan, CT. It received its IRS tax-exemption ruling in April 1999, 27 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, New Canaan Football Club Inc reported income of $908k and spending of $790k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $750k to $908k (+21%), an average of +4.9% a year. The sharpest change came in the year to December 2021, when income rose by 79%. Over the whole period it spent 88% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, New Canaan Football Club Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 76th percentile within CT. Charities of a similar size with the same main cause include Greater Bullitt County Youth Football & Cheer ($908k), Indiana State Wrestling Assoc ($909k) and Bux-Mont Hockey Association ($908k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.6% and program service revenue 99% of the total. At year end it held assets of $668k against liabilities of $0, net assets of $668k.