Childrens Center of New Milford Inc

Analysis

Childrens Center of New Milford Inc is a registered charity in United States, based in New Milford, CT. It received its IRS tax-exemption ruling in August 1972, 54 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, Childrens Center of New Milford Inc reported income of $1.4m and spending of $1.3m, spending 94% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.1m to $1.4m (+25%), an average of +7.7% a year. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Childrens Center of New Milford Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 81st percentile within CT. Charities of a similar size with the same main cause include Citizens Research Council of Michigan Inc ($1.4m), Brookhaven Treatment and Learning Center Inc ($1.4m) and Skaalen Retirement Services Inc ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 66% and program service revenue 32% of the total. Other salaries and wages came to $910k. At year end it held assets of $1.4m against liabilities of $78k, net assets of $1.4m. It reported 35 employees.