Newtown Parent Connection Inc

Analysis

Newtown Parent Connection Inc is a registered charity in United States, based in Newtown, CT. It received its IRS tax-exemption ruling in October 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Newtown Parent Connection Inc reported income of $135k and spending of $142k, spending 105% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $129k to $135k (+4.7%), an average of +4.7% a year. Over the whole period it spent 132% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Newtown Parent Connection Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 42nd percentile within CT. Charities of a similar size with the same main cause include Naples Yacht Club Blue Gavel Scholarship Fund Inc ($135k), Kamas Valley Community Foundation ($135k) and Hope View Elementary School Parent-Teacher Organization ($135k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 78% of the total. At year end it held assets of $230k against liabilities of $952, net assets of $229k.