A Better Chance of Westport Inc

Analysis

A Better Chance of Westport Inc is a registered charity in United States, based in Westport, CT. It received its IRS tax-exemption ruling in June 2001, 25 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, A Better Chance of Westport Inc reported income of $251k and spending of $317k, spending 126% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $330k to $251k (-24%), an average of -6.6% a year. The sharpest change came in the year to June 2020, when income dropped by 46%. Over the whole period it spent 119% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, A Better Chance of Westport 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 58th percentile, and in the 55th percentile within CT. Charities of a similar size with the same main cause include Free Fall Action Sports Inc ($251k), Shadaj Inc ($251k) and University of Florida ($251k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 63% of the total. Other salaries and wages came to $109k. At year end it held assets of $2.0m against liabilities of $14k, net assets of $2.0m. It reported 8 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.