Brain Injury Alliance of Connecticut Inc

Analysis

Brain Injury Alliance of Connecticut Inc is a registered charity in United States, based in Windsor, CT. It received its IRS tax-exemption ruling in January 1983, 43 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, Brain Injury Alliance of Connecticut Inc reported income of $607k and spending of $627k, spending 103% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $520k to $607k (+17%), an average of +3.9% a year. The sharpest change came in the year to June 2022, when income dropped by 26%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Brain Injury Alliance of Connecticut Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 71st percentile within CT. Charities of a similar size with the same main cause include Visiting Homemaker Service of Ocean County Inc ($607k), Hillel the Foundation for Jewish Campus Life ($607k) and Vida Nueva Ministries Inc ($607k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 91% and program service revenue 9.6% of the total. Compensation of current officers, directors and key employees was $117k (19% of expenses). Other salaries and wages came to $242k. At year end it held assets of $500k against liabilities of $188k, net assets of $313k. It reported 8 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.