Connecticut Junior Republic Association Inc

Analysis

Connecticut Junior Republic Association Inc is a registered charity in United States, based in Litchfield, CT. It received its IRS tax-exemption ruling in October 1943, 83 years ago. 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 June 2023, Connecticut Junior Republic Association Inc reported income of $21.0m and spending of $21.1m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $19.3m to $21.0m (+8.7%), an average of +2.1% a year. The sharpest change came in the year to June 2023, when income rose by 16%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Connecticut Junior Republic Association Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within CT. Charities of a similar size with the same main cause include Arc of New Jersey Inc ($21.0m), Virginia Tech Real Estate FDN ($21.0m) and Guidance Center Inc ($21.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 65% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $342k (1.6% of expenses). Other salaries and wages came to $12.0m. At year end it held assets of $6.7m against liabilities of $3.5m, net assets of $3.2m. It reported 364 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.