Connecticut Burns Care Foundation Incorporated

Analysis

Connecticut Burns Care Foundation Incorporated is a registered charity in United States, based in Milford, CT. It received its IRS tax-exemption ruling in April 1980, 46 years ago. 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 December 2023, Connecticut Burns Care Foundation Incorporated reported income of $383k and spending of $303k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $410k to $383k (-6.5%), an average of -1.7% a year. The sharpest change came in the year to December 2021, when income rose by 52%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Connecticut Burns Care Foundation Incorporated sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 63rd percentile within CT. Charities of a similar size with the same main cause include Symphonicity the Symphony Orchestra of Virginia Beach ($383k), Alaska Oriental Mission Church ($383k) and Clare House Inc ($383k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 102% of the total. Compensation of current officers, directors and key employees was $67k (22% of expenses). Other salaries and wages came to $37k. At year end it held assets of $465k against liabilities of $66k, net assets of $399k. It reported 3 employees.