Town Players of New Canaan Inc

Analysis

Town Players of New Canaan Inc is a registered charity in United States, based in New Canaan, CT. It received its IRS tax-exemption ruling in April 1957, 69 years ago. 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 June 2023, Town Players of New Canaan Inc reported income of $367k and spending of $161k, leaving 56% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $124k to $367k (+197%), an average of +31% a year. The sharpest change came in the year to June 2023, when income rose by 168%. Over the whole period it spent 57% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Town Players of New Canaan Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 62nd percentile within CT. Charities of a similar size with the same main cause include Southern Maryland Youth Organization Inc ($367k), McCutchanville Community Association Inc ($367k) and Independent Apartments Inc ($367k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 58% and program service revenue 36% of the total. At year end it held assets of $525k against liabilities of $0, net assets of $525k.