Resiliency Center of Newtown Inc

Analysis

Resiliency Center of Newtown Inc is a registered charity in United States, based in Newtown, CT. It received its IRS tax-exemption ruling in January 2016, 10 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, Resiliency Center of Newtown Inc reported income of $77k and spending of $75k, spending 98% of its income. Across the 3 years on record, from December 2019 to December 2023, income fell from $282k to $77k (-73%), an average of -48% a year. The sharpest change came in the year to December 2022, when income dropped by 63%. Over the whole period it spent 106% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Resiliency Center of Newtown Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 28th percentile within CT. Charities of a similar size with the same main cause include Community Hope Inc ($77k), Osceola Pregnancy Center Inc ($77k) and Hope Ranch Ministries ($77k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 1.3% of the total. At year end it held assets of $32k against liabilities of $0, net assets of $32k.