Hartford Interval House Inc

Analysis

Hartford Interval House Inc is a registered charity in United States, based in Hartford, CT. It received its IRS tax-exemption ruling in February 1977, 49 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 2023, Hartford Interval House Inc reported income of $2.8m and spending of $3.0m, spending 107% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.7m to $2.8m (+5.4%), an average of +1.8% a year. The sharpest change came in the year to June 2021, when income rose by 84%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hartford Interval House Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 87th percentile within CT. Charities of a similar size with the same main cause include Cottage Grove Athletic Association ($2.8m), Prospanica ($2.8m) and Associated Industries of Arkansas Foundation Inc ($2.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% and program service revenue 0.7% of the total. Compensation of current officers, directors and key employees was $135k (4.5% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $4.2m against liabilities of $318k, net assets of $3.8m. It reported 42 employees.