Connecticut Forum Inc

Analysis

Connecticut Forum Inc is a registered charity in United States, based in Hartford, CT. It received its IRS tax-exemption ruling in September 1992, 34 years ago. Its declared purposes cover unknown, 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 June 2023, Connecticut Forum Inc reported income of $1.2m and spending of $1.3m, spending 109% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.2m to $1.2m (+0.9%), an average of +0.3% a year. The sharpest change came in the year to June 2021, when income rose by 18%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Connecticut Forum Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within CT. Charities of a similar size with the same main cause include Navarro County Exposition Center Inc ($1.2m), Hillel the Foundation for Jewish Campus Life ($1.2m) and Trinity Episcopal School Endowment Trust II ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 65% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $125k (9.3% of expenses). Other salaries and wages came to $363k. At year end it held assets of $670k against liabilities of $177k, net assets of $493k. It reported 9 employees.