Save New Canaan Inc

Analysis

Save New Canaan Inc is a registered charity in United States, based in New Canaan, CT. It received its IRS tax-exemption ruling in January 2023, 3 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Save New Canaan Inc reported income of $74k and spending of $49k, leaving 34% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $105k to $74k (-29%), an average of -29% a year. The sharpest change came in the year to December 2023, when income dropped by 29%. Over the whole period it spent 84% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Save New Canaan 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 29th percentile, and in the 27th percentile within CT. Charities of a similar size with the same main cause include Northwood Lake Watershed Assn ($74k), Garden Club of Lookout Mountain ($74k) and Grand Valley Audubon Society ($74k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $30k against liabilities of $0, net assets of $30k.