South Congregational Church

Analysis

South Congregational Church is a registered charity in United States, based in New Britain, CT. It received its IRS tax-exemption ruling in April 1935, 91 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 December 2023, South Congregational Church reported income of $451k and spending of $559k, spending 124% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $486k to $451k (-7.2%), an average of -1.9% a year. Over the whole period it spent 130% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, South Congregational Church sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 66th percentile within CT. Charities of a similar size with the same main cause include Landing Apartments ($450k), Wildberry Apartments Inc ($451k) and Broadway Terrace Corporation ($450k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.8% and program service revenue 88% of the total. Other salaries and wages came to $77k. At year end it held assets of $1.9m against liabilities of $441k, net assets of $1.5m. It reported 3 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.