Cil Realty Inc

Analysis

Cil Realty Inc is a registered charity in United States, based in Hartford, CT. It received its IRS tax-exemption ruling in July 1986, 40 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2024, Cil Realty Inc reported income of $1.8m and spending of $1.7m, spending 97% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $2.6m to $1.8m (-34%), an average of -7.9% a year. The sharpest change came in the year to June 2022, when income dropped by 21%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cil Realty Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 83rd percentile within CT. Charities of a similar size with the same main cause include Tennessee Valley Youth Services II Inc ($1.8m), Senior Service Centers of the Albany Area Inc ($1.8m) and Father McKenna Center Inc ($1.8m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 96% of the total. At year end it held assets of $31.6m against liabilities of $25.1m, net assets of $6.5m.