Overview

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Est.

1973

Fiscal Year Start

Jul 1

Organization Type

Grantseeker

AI Summary

ABC Inc of New Canaan is a nonprofit organization dedicated to providing scholarships and financial aid to academically talented minority students by offering a boarding house in New Canaan, enabling them to attend highly competitive colleges and universities. With an operating budget of $430.3K and total revenue of $867.3K for the filing year 2024, the organization relies on multiple funders, none of which contribute 50% or more of its revenue. For more information, visit their website at abchouseofnc.org.

Mission Statement

THE ORGANIZATION OWNS A BOARDING HOUSE IN NEW CANAAN WHERE ACADEMICALLY TALENTED MINORITY STUDENTS HAVE THE OPPORTUNITY TO ATTEND HIGHLY COMPETITIVE COLLEGES AND UNIVERSITIES.
Revenues
$867.3K
Expenses
$430.3K
Net Income:
+$437K
Assets
$2.2M
Liabilities
$22.4K
Net Assets:
+$2.2M
Operating Budget
$430.3K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
11
Median grant size
$20K
Largest grant received
$30.6K
W
Will Choi
Board Member
D
Devaun Bovell
Board Member
A
Alan Rwambuya
Board Member

Frequently Asked Questions

What is ABC INC OF NEW CANAAN’s budget?
In 2024, ABC INC OF NEW CANAAN reported an annual operating budget of around $430 thousand. More detailed financial information is available to registered users.
What causes does ABC INC OF NEW CANAAN support?
ABC INC OF NEW CANAAN supports work in Scholarships & Financial Aid.
Where does ABC INC OF NEW CANAAN operate?
ABC INC OF NEW CANAAN is headquartered in New Canaan, CT.
Who funded ABC INC OF NEW CANAAN recently?
In 2025, ABC INC OF NEW CANAAN received grants from NEW CANAAN COMMUNITY FOUNDATION INC, NEW CANAAN COMMUNITY FOUNDATION INC, and FIDELITY INVESTMENTS CHARITABLE GIFT FUND. More information on this organization’s funders is available to registered users.
What is the largest grant ABC INC OF NEW CANAAN received in 2024?
The largest grant to ABC INC OF NEW CANAAN in 2024 exceeds $31 thousand.