Curtis Home

Analysis

Curtis Home is a registered charity in United States, based in Meriden, CT. It received its IRS tax-exemption ruling in May 1957, 69 years ago. 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 September 2023, Curtis Home reported income of $8.1m and spending of $8.1m, spending 100% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $6.8m to $8.1m (+20%), an average of +4.7% a year. 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, Curtis Home sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within CT. Charities of a similar size with the same main cause include Girl Scouts of Northern New Jersey Inc ($8.1m), Virginia Hospital Research and Education Foundation ($8.1m) and Harrisburg Academy ($8.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.4% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $265k (3.3% of expenses). Other salaries and wages came to $3.9m. At year end it held assets of $5.3m against liabilities of $1.2m, net assets of $4.1m. It reported 169 employees.