Friends of the Litchfield Community Greenway Inc

Analysis

Friends of the Litchfield Community Greenway Inc is a registered charity in United States, based in Litchfield, CT. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover unknown, which this site groups under other charitable 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, Friends of the Litchfield Community Greenway Inc reported income of $100k and spending of $40k, leaving 60% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $60k to $100k (+68%), an average of +68% a year. The sharpest change came in the year to December 2023, when income rose by 68%. Over the whole period it spent 38% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Friends of the Litchfield Community Greenway Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 35th percentile within CT. Charities of a similar size with the same main cause include Friends of the Oshkosh Seniors Center Inc ($100k), PTA North Carolina Congress ($100k) and Manifest Magic Black Girl Cooperative ($100k).

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 $169k against liabilities of $246, net assets of $169k.