Connecticut Academy of Science and Engineering Incorporated

Analysis

Connecticut Academy of Science and Engineering Incorporated is a registered charity in United States, based in East Hartford, CT. It received its IRS tax-exemption ruling in November 1976, 50 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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 2023, Connecticut Academy of Science and Engineering Incorporated reported income of $413k and spending of $341k, spending 83% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $244k to $413k (+69%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 61%. Over the whole period it spent 103% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Connecticut Academy of Science and Engineering Incorporated sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 64th percentile within CT. Charities of a similar size with the same main cause include Journal of Consumer Research ($413k), Washington County Historical Society ($413k) and Story & Song Center for Arts & Culture Inc ($412k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 63% and program service revenue 33% of the total. Other salaries and wages came to $106k. At year end it held assets of $887k against liabilities of $485k, net assets of $402k. It reported 1 employees.