Susan B Anthony Project Inc

Analysis

Susan B Anthony Project Inc is a registered charity in United States, based in Torrington, CT. It received its IRS tax-exemption ruling in February 1985, 41 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Susan B Anthony Project Inc reported income of $2.2m and spending of $2.2m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.7m to $2.2m (+31%), an average of +6.9% a year. The sharpest change came in the year to June 2021, when income rose by 29%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Susan B Anthony Project Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 85th percentile within CT. Charities of a similar size with the same main cause include Mainstream Services Inc ($2.2m), Tri Lakes Cares ($2.3m) and Young Womens Christian Association of Northcentral Pennsylvania ($2.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $152k (7.0% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $6.6m against liabilities of $135k, net assets of $6.5m. It reported 35 employees.