Harvard Club of Southern Conn

Analysis

Harvard Club of Southern Conn is a registered charity in United States, based in Oxford, CT. It received its IRS tax-exemption ruling in September 1978, 48 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 2024, Harvard Club of Southern Conn reported income of $151k and spending of $94k, leaving 37% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $55k to $151k (+175%), an average of +29% a year. The sharpest change came in the year to June 2024, when income rose by 66%. Over the whole period it spent 66% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Harvard Club of Southern Conn sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 45th percentile within CT. Charities of a similar size with the same main cause include Morton F Plant Hospital Trust 0412 First National Bank Ttee Trust Dep ($151k), Gay Lesbian and Affirming Disciples Alliance ($151k) and Thompson Valley Art League ($151k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 8.4% and program service revenue 10% of the total. At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m.