Harriet U Allyn Test TR

Analysis

Harriet U Allyn Test TR is a registered charity in United States, based in New London, CT. It received its IRS tax-exemption ruling in January 1943, 83 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 2024, Harriet U Allyn Test TR reported income of $1.8m and spending of $1.9m, spending 107% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $771k to $1.8m (+130%), an average of +23% a year. The sharpest change came in the year to June 2021, when income rose by 73%. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Harriet U Allyn Test TR sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 83rd percentile within CT. Charities of a similar size with the same main cause include Northern in Historical Society ($1.8m), Performing Arts Foundation of Kansas City ($1.8m) and Asheville Art Museum Association Inc ($1.8m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 81% and program service revenue 4.0% of the total. Compensation of current officers, directors and key employees was $181k (9.6% of expenses). Other salaries and wages came to $767k. At year end it held assets of $9.7m against liabilities of $1.8m, net assets of $7.9m. It reported 16 employees.