Clothes to Kids of Fairfield County Inc

Analysis

Clothes to Kids of Fairfield County Inc is a registered charity in United States, based in Stamford, CT. It received its IRS tax-exemption ruling in November 2015, 11 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Clothes to Kids of Fairfield County Inc reported income of $78k and spending of $60k, leaving 24% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $98k to $78k (-21%), an average of -21% a year. The sharpest change came in the year to December 2023, when income dropped by 21%. Over the whole period it spent 71% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Clothes to Kids of Fairfield County Inc sits at the 30th percentile: it is larger than about 30% 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 Wabash Street Level Ministries Inc ($78k), Asheboro Public Library Foundation ($78k) and PTA California Congress of Parents Teachers & Students Inc ($78k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $168k against liabilities of $14k, net assets of $154k.