Haddam Elderly Housing Corporation

Analysis

Haddam Elderly Housing Corporation is a registered charity in United States, based in Tolland, CT. It received its IRS tax-exemption ruling in August 1982, 44 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 December 2023, Haddam Elderly Housing Corporation reported income of $243k and spending of $211k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $237k to $243k (+2.6%), an average of +0.6% a year. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Haddam Elderly Housing Corporation sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 55th percentile within CT. Charities of a similar size with the same main cause include Mooers Fire Department Inc ($243k), Western US Regional Council Inc ($243k) and North American Society for the Psychology of Sport and Physical a ($243k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $417k against liabilities of $151k, net assets of $266k.