Newtown Forest Association Inc

Analysis

Newtown Forest Association Inc is a registered charity in United States, based in Newtown, CT. It received its IRS tax-exemption ruling in April 1940, 86 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 September 2023, Newtown Forest Association Inc reported income of $85k and spending of $195k, spending 229% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $100k to $85k (-15%), an average of -4.0% a year. The sharpest change came in the year to September 2021, when income rose by 231%. Over the whole period it spent 134% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Newtown Forest Association Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 30th percentile within CT. Charities of a similar size with the same main cause include William S Bowman TR for the Horticultural Beatific of Hershey ($85k), Three Lakes Waterfront Assn Inc ($85k) and Three Ponds Protective Association ($85k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 92% of the total. Compensation of current officers, directors and key employees was $74k (38% of expenses). Other salaries and wages came to $11k. At year end it held assets of $7.4m against liabilities of $12k, net assets of $7.3m. It reported 6 employees.