Danbury Family Learning Center Inc

Analysis

Danbury Family Learning Center Inc is a registered charity in United States, based in Danbury, CT. It received its IRS tax-exemption ruling in February 2015, 11 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 December 2023, Danbury Family Learning Center Inc reported income of $54k and spending of $57k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $265k to $54k (-80%), an average of -33% a year. The sharpest change came in the year to December 2022, when income rose by 306%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Danbury Family Learning Center Inc sits at the 19th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 19th percentile within CT. Charities of a similar size with the same main cause include Renew and Revitalize Marriage & Family Institute ($54k), Catasauqua Community Partnership ($54k) and Autism Society New Hanover County Housing Corp 1 ($54k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $162k against liabilities of $0, net assets of $162k.