Down Syndrome Association of Connecticut Inc

Analysis

Down Syndrome Association of Connecticut Inc is a registered charity in United States, based in Pawcatuck, CT. It received its IRS tax-exemption ruling in April 1987, 39 years ago. 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 December 2023, Down Syndrome Association of Connecticut Inc reported income of $176k and spending of $95k, leaving 46% of income unspent that year. Across the 3 years on record, from June 2022 to December 2023, income fell from $283k to $176k (-38%), an average of -21% a year. The sharpest change came in the year to December 2023, when income dropped by 25%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Down Syndrome Association of Connecticut Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 48th percentile within CT. Charities of a similar size with the same main cause include Chico Area Swim Association Inc ($176k), Ponca Community Educational Foundation Inc ($176k) and North Central Kiwanis Memorial Fund ($176k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $22k (23% of expenses). Other salaries and wages came to $20k. At year end it held assets of $437k against liabilities of $20k, net assets of $418k. It reported 11 employees.