Middlewoods of Newington Inc
Analysis
Middlewoods of Newington Inc is a registered charity in United States, based in Shelton, CT. It received its IRS tax-exemption ruling in August 2006, 20 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 September 2023, Middlewoods of Newington Inc reported income of $2.9m and spending of $3.2m, spending 108% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $2.8m to $2.9m (+3.8%), an average of +0.9% a year. The sharpest change came in the year to September 2021, when income rose by 27%. Over the whole period it spent 122% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Middlewoods of Newington Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 87th percentile within CT. Charities of a similar size with the same main cause include Bureau of Drug Abuse Cleveland Treatment Center Inc ($2.9m), Benilde Hall ($2.9m) and Eagle Star Housing Inc ($2.9m).
On its Form 990 for the period ending September 2023, revenue came from contributions and grants 2.0% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $163k (5.1% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $5.6m against liabilities of $7.0m, net assets of -$1.4m. It reported 82 employees.
Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.
Income and spending
Where the income comes from
- Contributions & grants 2.0%
- Program services 86%
- Other 12%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Bureau of Drug Abuse Cleveland Treatment Center Inc | Cleveland | $2.9m |
| Benilde Hall | Kansas City | $2.9m |
| Eagle Star Housing Inc | Victor | $2.9m |
| Crossings Community Clinic Inc | Oklahoma City | $2.9m |