Connecticut Coalition to End Homelessness Inc

Analysis

Connecticut Coalition to End Homelessness Inc is a registered charity in United States, based in Hartford, CT. It received its IRS tax-exemption ruling in November 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, Connecticut Coalition to End Homelessness Inc reported income of $3.5m and spending of $4.0m, spending 116% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $4.8m to $3.5m (-27%), an average of -7.6% a year. The sharpest change came in the year to June 2020, when income rose by 60%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Connecticut Coalition to End Homelessness Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 88th percentile within CT. Charities of a similar size with the same main cause include Lee & Beulah Moor Childrens Home ($3.5m), Childrens Center at Caltech ($3.5m) and Growing Together ($3.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% and program service revenue 3.3% of the total. Other salaries and wages came to $988k. At year end it held assets of $2.3m against liabilities of $534k, net assets of $1.7m. It reported 15 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.