Leadership Greater Hartford Inc

Analysis

Leadership Greater Hartford Inc is a registered charity in United States, based in Hartford, CT. It received its IRS tax-exemption ruling in June 1988, 38 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Leadership Greater Hartford Inc reported income of $680k and spending of $940k, spending 138% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.2m to $680k (-43%), an average of -13% a year. The sharpest change came in the year to December 2023, when income dropped by 35%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Leadership Greater Hartford Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 73rd percentile within CT. Charities of a similar size with the same main cause include Terlingua Fire & Ems Inc ($680k), Hospice Choice Inc ($680k) and Bowie Boys & Girls Club Inc ($680k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% and program service revenue 60% of the total. Compensation of current officers, directors and key employees was $128k (14% of expenses). Other salaries and wages came to $365k. At year end it held assets of $545k against liabilities of $173k, net assets of $372k. It reported 7 employees.