Connecticut Institute for Refugees and Immigrants Inc

Analysis

Connecticut Institute for Refugees and Immigrants Inc is a registered charity in United States, based in Bridgeport, CT. It received its IRS tax-exemption ruling in July 1942, 84 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 December 2023, Connecticut Institute for Refugees and Immigrants Inc reported income of $6.0m and spending of $5.7m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.4m to $6.0m (+146%), an average of +25% a year. The sharpest change came in the year to December 2020, when income rose by 83%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Connecticut Institute for Refugees and Immigrants Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 92nd percentile within CT. Charities of a similar size with the same main cause include South Arkansas Developmental Center for Children and Families ($6.0m), Community Care Network of Kansas Inc ($6.0m) and Housing Development Corporation of Dekalb ($6.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $214k (3.8% of expenses). Other salaries and wages came to $2.7m. At year end it held assets of $2.8m against liabilities of $1.1m, net assets of $1.7m. It reported 93 employees.