Easterseals Capital Region & Eastern Connecticut Inc

Analysis

Easterseals Capital Region & Eastern Connecticut Inc is a registered charity in United States, based in Windsor, CT. It received its IRS tax-exemption ruling in December 1951, 75 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Easterseals Capital Region & Eastern Connecticut Inc reported income of $5.8m and spending of $7.3m, spending 125% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $6.6m to $5.8m (-12%), an average of -3.1% a year. The sharpest change came in the year to June 2023, when income dropped by 23%. Over the whole period it spent 104% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Easterseals Capital Region & Eastern Connecticut Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 91st percentile within CT. Charities of a similar size with the same main cause include Homestead Health Center Inc ($5.8m), Dawn Incorporated ($5.8m) and Health Care Centers in Schools ($5.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 23% and program service revenue 71% of the total. Other salaries and wages came to $4.2m. At year end it held assets of $10.0m against liabilities of $1.5m, net assets of $8.5m. It reported 159 employees.