CW Group Inc

Analysis

CW Group Inc is a registered charity in United States, based in New Britain, CT. It received its IRS tax-exemption ruling in March 1987, 39 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, CW Group Inc reported income of $217k and spending of $373k, spending 172% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $228k to $217k (-4.9%), an average of -1.3% a year. Over the whole period it spent 165% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, CW Group Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 53rd percentile within CT. Charities of a similar size with the same main cause include Pampa Optimist Youth Club Inc ($217k), National Assistance League ($217k) and Council on Public Higher Education in the State of Missouri ($217k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $2.6m against liabilities of $12k, net assets of $2.6m.

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.