Rowayton Civic Association Inc

Analysis

Rowayton Civic Association Inc is a registered charity in United States, based in Rowayton, CT. It received its IRS tax-exemption ruling in September 1991, 35 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 December 2022, Rowayton Civic Association Inc reported income of $428k and spending of $434k, spending 101% of its income. Across the 4 years on record, from December 2019 to December 2022, income fell from $436k to $428k (-1.8%), an average of -0.6% a year. The sharpest change came in the year to December 2021, when income rose by 127%. Over the whole period it spent 86% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Rowayton Civic Association Inc sits at the 65th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 65th percentile within CT. Charities of a similar size with the same main cause include Villages Woodworkers Club Inc ($428k), Justice Industries Inc ($428k) and Richard a & Barabara W Snelling Center for Government Inc ($428k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 43% and program service revenue 54% of the total. At year end it held assets of $331k against liabilities of $0, net assets of $331k.