Smartpower Connecticut Inc

Analysis

Smartpower Connecticut Inc is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in August 2002, 24 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 2022, Smartpower Connecticut Inc reported income of $467k and spending of $871k, spending 187% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $360k to $467k (+30%), an average of +9.1% a year. The sharpest change came in the year to December 2020, when income rose by 39%. Over the whole period it spent 116% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Smartpower Connecticut Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within VA. Charities of a similar size with the same main cause include Salmonberry Trail Foundation ($466k), Guadalupe Blanco River Trust ($467k) and Crude Accountability Incorporated ($466k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 44% and program service revenue 56% of the total. Compensation of current officers, directors and key employees was $211k (24% of expenses). Other salaries and wages came to $120k. At year end it held assets of $176k against liabilities of $887k, net assets of -$711k. It reported 3 employees.