Noank Community Support Services Inc

Analysis

Noank Community Support Services Inc is a registered charity in United States, based in Groton, CT. It received its IRS tax-exemption ruling in November 1972, 54 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Noank Community Support Services Inc reported income of $4.5m and spending of $4.7m, spending 104% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $3.5m to $4.5m (+32%), an average of +9.6% a year. The sharpest change came in the year to June 2023, when income rose by 21%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Noank Community Support Services Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 90th percentile within CT. Charities of a similar size with the same main cause include Friends of Fondacioni Firdeus Inc ($4.5m), American Indian Services ($4.6m) and On My Watch Inc ($4.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.6% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $121k (2.6% of expenses). Other salaries and wages came to $2.7m. At year end it held assets of $2.4m against liabilities of $904k, net assets of $1.5m. It reported 105 employees.