Simsbury Abc Program Inc

Analysis

Simsbury Abc Program Inc is a registered charity in United States, based in Simsbury, CT. It received its IRS tax-exemption ruling in September 1973, 53 years ago. 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 June 2024, Simsbury Abc Program Inc reported income of $126k and spending of $153k, spending 121% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $136k to $126k (-7.0%), an average of -1.8% a year. The sharpest change came in the year to June 2022, when income rose by 32%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Simsbury Abc Program Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 41st percentile within CT. Charities of a similar size with the same main cause include Ethiopian Evangelical Church Charlotte North Carolina ($126k), Virginia Congress of Parents and Teachers ($126k) and CT Mayhem Baseball Inc ($126k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $36k. At year end it held assets of $669k against liabilities of $0, net assets of $669k. It reported 5 employees.