Church Home of Hartford

Analysis

Church Home of Hartford is a registered charity in United States, based in Bloomfield, CT. It received its IRS tax-exemption ruling in April 1938, 88 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Church Home of Hartford reported income of $43.4m and spending of $43.0m, spending 99% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $35.7m to $43.4m (+22%), an average of +5.0% a year. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Church Home of Hartford sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within CT. Charities of a similar size with the same main cause include Area Agency on Aging Region One Incorporated ($43.4m), Community Support Services ($43.4m) and Beth Sholom Home of Eastern Virginia ($43.4m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 9.8% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $899k (2.1% of expenses). Other salaries and wages came to $15.6m. At year end it held assets of $130.9m against liabilities of $142.0m, net assets of -$11.1m. It reported 486 employees.