Nutmeg Senior Rides Inc

Analysis

Nutmeg Senior Rides Inc is a registered charity in United States, based in Suffield, CT. It received its IRS tax-exemption ruling in November 2008, 18 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2023, Nutmeg Senior Rides Inc reported income of $164k and spending of $161k, spending 98% of its income. Across the 2 years on record, from June 2022 to June 2023, income fell from $205k to $164k (-20%), an average of -20% a year. The sharpest change came in the year to June 2023, when income dropped by 20%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Nutmeg Senior Rides Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within CT. Charities of a similar size with the same main cause include Kickin Childhood Hunger Inc ($164k), Agricademy Inc ($164k) and Daystay HBC Inc ($164k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 34% and program service revenue 66% of the total. Compensation of current officers, directors and key employees was $7,472 (4.6% of expenses). Other salaries and wages came to $34k. At year end it held assets of $23k against liabilities of $0, net assets of $23k. It reported 6 employees.