Newtown Action Alliance Foundation

Analysis

Newtown Action Alliance Foundation is a registered charity in United States, based in Newtown, CT. It received its IRS tax-exemption ruling in December 2013, 13 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 Action Alliance Foundation reported income of $191k and spending of $134k, leaving 30% of income unspent that year. Across the 3 years on record, from December 2019 to December 2023, income grew from $70k to $191k (+172%), an average of +65% a year. The sharpest change came in the year to December 2022, when income rose by 100%. Over the whole period it spent 67% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Newtown Action Alliance Foundation sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 50th percentile within CT. Charities of a similar size with the same main cause include Ancient and Effervescent Order Ofthe Little Yellow Dog ($191k), Mountainstar Sports Group Foundation ($191k) and Shuchman Lesser Foundation ($191k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $352k against liabilities of $0, net assets of $352k.