The Conference of Churches Inc

Analysis

The Conference of Churches Inc is a registered charity in United States, based in Hartford, CT. It received its IRS tax-exemption ruling in October 1944, 82 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 June 2022, The Conference of Churches Inc reported income of $558k and spending of $468k, spending 84% of its income. Across the 4 years on record, from June 2019 to June 2022, income grew from $351k to $558k (+59%), an average of +17% a year. The sharpest change came in the year to June 2021, when income rose by 45%. 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, The Conference of Churches Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 70th percentile within CT. Charities of a similar size with the same main cause include Wilmette Community Nursery School Inc ($558k), Lakeshore Day Care Center Inc ($558k) and Salem County Inter-Agency Council of Human Services ($558k).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 44% and program service revenue 1.0% of the total. Compensation of current officers, directors and key employees was $116k (25% of expenses). At year end it held assets of $3.1m against liabilities of $418k, net assets of $2.7m. It reported 4 employees.