East Haddam Youth and Family Services Inc

Analysis

East Haddam Youth and Family Services Inc is a registered charity in United States, based in Moodus, CT. It received its IRS tax-exemption ruling in April 1996, 30 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, East Haddam Youth and Family Services Inc reported income of $600k and spending of $446k, leaving 26% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $486k to $600k (+24%), an average of +5.4% a year. The sharpest change came in the year to June 2024, when income rose by 42%. Over the whole period it spent 85% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, East Haddam Youth and Family Services Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 71st percentile within CT. Charities of a similar size with the same main cause include Engage Cleveland Inc ($600k), Italian-American Police Society of New Jersey Inc ($600k) and Rhea Economic and Tourism Council Inc ($600k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 70% of the total. Compensation of current officers, directors and key employees was $87k (19% of expenses). Other salaries and wages came to $96k. At year end it held assets of $602k against liabilities of $27k, net assets of $575k. It reported 5 employees.