Norwalk Cal Ripken Inc

Analysis

Norwalk Cal Ripken Inc is a registered charity in United States, based in Norwalk, CT. It received its IRS tax-exemption ruling in January 2016, 10 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Norwalk Cal Ripken Inc reported income of $63k and spending of $65k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $146k to $63k (-57%), an average of -57% a year. The sharpest change came in the year to December 2023, when income dropped by 57%. Over the whole period it spent 106% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Norwalk Cal Ripken Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 23rd percentile within CT. Charities of a similar size with the same main cause include Truckee Tribe Lacrosse Club ($63k), Stearman Restorers Association Inc ($63k) and PDLQ Youth Football Inc ($63k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 73% of the total. At year end it held assets of $10k against liabilities of $0, net assets of $10k.