Cil Realty Inc

Analysis

Cil Realty Inc is a registered charity in United States, based in Hartford, CT. It received its IRS tax-exemption ruling in July 1986, 40 years ago. 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 June 2024, Cil Realty Inc reported income of $11.0m and spending of $6.3m, leaving 43% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income fell from $11.0m to $11.0m (-0.2%), an average of +-0.0% a year. The sharpest change came in the year to June 2020, when income dropped by 22%. Over the whole period it spent 59% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cil Realty Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within CT. Charities of a similar size with the same main cause include Lowcountry AIDS Services ($11.0m), Banyan School Inc ($11.0m) and AIDS Services Foundation Orange County ($11.0m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 98% of the total. At year end it held assets of $531.6m against liabilities of $490.9m, net assets of $40.7m.