New Canaan Society Inc

Analysis

New Canaan Society Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in December 2009, 17 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2022, New Canaan Society Inc reported income of $693k and spending of $631k, spending 91% of its income. Across the 5 years on record, from December 2018 to December 2022, income grew from $681k to $693k (+1.8%), an average of +0.4% a year. The sharpest change came in the year to December 2019, when income rose by 78%. Over the whole period it spent 90% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, New Canaan Society Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 71st percentile within NY. Charities of a similar size with the same main cause include Shree Pashupatinath Foundation USA ($693k), Beacon Hill Friends House Inc ($693k) and Radstock Ministries ($692k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 82% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $189k (30% of expenses). Other salaries and wages came to $50k. It paid $24k in professional fundraising fees. At year end it held assets of $518k against liabilities of $89k, net assets of $429k. It reported 2 employees.