Danbury School & Business Collaborative

Analysis

Danbury School & Business Collaborative is a registered charity in United States, based in Danbury, CT. It received its IRS tax-exemption ruling in January 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Danbury School & Business Collaborative reported income of $56k and spending of $62k, spending 110% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $140k to $56k (-60%), an average of -26% a year. The sharpest change came in the year to June 2021, when income dropped by 46%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Danbury School & Business Collaborative sits at the 25th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 20th percentile within CT. Charities of a similar size with the same main cause include Coldwater Band Boosters ($56k), Oak Grove School District PTO Inc ($56k) and Withit Scholarship Foundation Inc ($56k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 64% of the total. At year end it held assets of $480k against liabilities of $0, net assets of $480k.