The Connecticut Association of Boards of Education Incorporated

Analysis

The Connecticut Association of Boards of Education Incorporated is a registered charity in United States, based in Wethersfield, CT. It received its IRS tax-exemption ruling in December 1983, 43 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, The Connecticut Association of Boards of Education Incorporated reported income of $2.4m and spending of $2.3m, spending 94% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.3m to $2.4m (+6.3%), an average of +2.0% a year. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Connecticut Association of Boards of Education Incorporated sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within CT. Charities of a similar size with the same main cause include Albuquerque Public Schools Foundation ($2.4m), Ogden School Foundation ($2.4m) and Mississippi State University Alumni Inc ($2.4m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $2.5m against liabilities of $608k, net assets of $1.8m. It reported 15 employees.