Disabilities Network of Eastern Connecticut

Analysis

Disabilities Network of Eastern Connecticut is a registered charity in United States, based in Norwich, CT. It received its IRS tax-exemption ruling in September 1988, 38 years ago. 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 September 2023, Disabilities Network of Eastern Connecticut reported income of $498k and spending of $491k, spending 99% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $435k to $498k (+14%), an average of +3.4% a year. The sharpest change came in the year to September 2020, when income rose by 17%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Disabilities Network of Eastern Connecticut sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 68th percentile within CT. Charities of a similar size with the same main cause include Seamens Center of Wilmington Inc ($497k), Therapeutic Riding Inc ($498k) and Beaver Area Memorial Library Association ($497k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 97% and program service revenue 2.2% of the total. Other salaries and wages came to $205k. At year end it held assets of $534k against liabilities of $180k, net assets of $354k. It reported 12 employees.