Sarah Tuxis Residential Services Inc

Analysis

Sarah Tuxis Residential Services Inc is a registered charity in United States, based in Guilford, CT. It received its IRS tax-exemption ruling in September 1991, 35 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 2023, Sarah Tuxis Residential Services Inc reported income of $13.9m and spending of $12.8m, spending 92% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $11.0m to $13.9m (+26%), an average of +7.9% a year. The sharpest change came in the year to June 2023, when income rose by 19%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sarah Tuxis Residential Services Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within CT. Charities of a similar size with the same main cause include Association for the Mutiple Impaired Blind ($13.9m), Inglis Foundation ($13.9m) and Community Youth Services ($13.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% and program service revenue 6.7% of the total. Other salaries and wages came to $8.6m. At year end it held assets of $5.9m against liabilities of $3.1m, net assets of $2.8m. It reported 281 employees.