Usawct Inc

Analysis

Usawct Inc is a registered charity in United States, based in Danbury, CT. It received its IRS tax-exemption ruling in June 2004, 22 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 August 2024, Usawct Inc reported income of $181k and spending of $175k, spending 97% of its income. Across the 5 years on record, from August 2020 to August 2024, income grew from $83k to $181k (+118%), an average of +22% a year. The sharpest change came in the year to August 2022, when income rose by 208%. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Usawct Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 49th percentile within CT. Charities of a similar size with the same main cause include Friends of the Fair Inc ($181k), Champion Women ($181k) and Marcell Family Center ($181k).

On its Form 990 for the period ending August 2024, revenue came from program service revenue 99% of the total. At year end it held assets of $70k against liabilities of $1,100, net assets of $69k.