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Shoreline Greenway Trail Inc

RegisteredEIN 56-2338589Guilford, CTAmateur sport and recreation
Income$219k2024-09
Spending$194ksame year
Spent / received90%6-year average
Size in its cause71st pctAmateur sport and recreation
Exempt since2003Publicly supported organisat
Employees0latest return

Analysis

Shoreline Greenway Trail Inc is a registered charity in United States, based in Guilford, CT. It received its IRS tax-exemption ruling in May 2003, 23 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2024, Shoreline Greenway Trail Inc reported income of $219k and spending of $194k, spending 89% of its income. Across the 6 years on record, from September 2019 to September 2024, income grew from $140k to $219k (+56%), an average of +9.3% a year. The sharpest change came in the year to September 2024, when income rose by 93%. Over the whole period it spent 90% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Shoreline Greenway Trail Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 53rd percentile within CT. Charities of a similar size with the same main cause include Steel City Rowing Corporation ($219k), Soccer Kids of America ($219k) and Mitchell Skating and Hockey Association ($219k).

On its Form 990 for the period ending September 2024, revenue came from contributions and grants 91% of the total. At year end it held assets of $549k against liabilities of $0, net assets of $549k.

Income and spending

$0$55k$110k$165k$219k2019 Income: $140,4822019 Spending: $122,35520192020 Income: $72,1702020 Spending: $58,18620202021 Income: $62,2322021 Spending: $67,08220212022 Income: $76,7832022 Spending: $105,86020222023 Income: $113,5652023 Spending: $72,15020232024 Income: $219,4542024 Spending: $194,3372024
IncomeSpending

Where the income comes from

  • Contributions & grants 91%
  • Other 8.8%

Similar-sized charities, same cause

CharityLocationIncome
Steel City Rowing CorporationVerona$219k
Soccer Kids of AmericaSan Diego$219k
Mitchell Skating and Hockey AssociationMitchell$219k
Midwest Section Pga FoundationBlue Springs$220k