World Affairs Council of Connecticut Inc

Analysis

World Affairs Council of Connecticut Inc is a registered charity in United States, based in Hartford, CT. It received its IRS tax-exemption ruling in August 1955, 71 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 2024, World Affairs Council of Connecticut Inc reported income of $640k and spending of $721k, spending 113% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $433k to $640k (+48%), an average of +10% a year. The sharpest change came in the year to June 2024, when income rose by 91%. Over the whole period it spent 108% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, World Affairs Council of Connecticut Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 72nd percentile within CT. Charities of a similar size with the same main cause include Youth with a Mission-Slavic Ministries International ($640k), Samuel Omogo Foundation ($641k) and International Faith Mission ($640k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 67% and program service revenue 30% of the total. Compensation of current officers, directors and key employees was $147k (20% of expenses). Other salaries and wages came to $92k. At year end it held assets of $237k against liabilities of $35k, net assets of $201k. It reported 5 employees.