Eastern Connecticut Transportation Consortium Inc

Analysis

Eastern Connecticut Transportation Consortium Inc is a registered charity in United States, based in Uncasville, CT. It received its IRS tax-exemption ruling in February 1993, 33 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2024, Eastern Connecticut Transportation Consortium Inc reported income of $1.7m and spending of $1.6m, spending 98% of its income. Across the 4 years on record, from June 2021 to June 2024, income grew from $1.1m to $1.7m (+56%), an average of +16% a year. The sharpest change came in the year to June 2022, when income rose by 29%. 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, Eastern Connecticut Transportation Consortium Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within CT. Charities of a similar size with the same main cause include Crockett Resource Center for Indepenent Living Inc ($1.7m), Friends of Twin Valley Association ($1.7m) and Carter Center for Children Inc ($1.7m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. Other salaries and wages came to $501k. At year end it held assets of $702k against liabilities of $57k, net assets of $645k. It reported 15 employees.