Hartford Medical Society

Analysis

Hartford Medical Society is a registered charity in United States, based in Litchfield, CT. It received its IRS tax-exemption ruling in March 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. 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 November 2023, Hartford Medical Society reported income of $101k and spending of $135k, spending 134% of what it took in. Across the 5 years on record, from November 2019 to November 2023, income fell from $128k to $101k (-21%), an average of -5.7% a year. The sharpest change came in the year to November 2023, when income dropped by 38%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hartford Medical Society sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 35th percentile within CT. Charities of a similar size with the same main cause include Yeshiva Elementary Inc ($101k), Kentucky Dental Foundation Inc ($101k) and United States Court of Federal Claims Bar Association ($101k).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 62% of the total. At year end it held assets of $917k against liabilities of $5,100, net assets of $912k.