Connecticut Voices for Children Inc

Analysis

Connecticut Voices for Children Inc is a registered charity in United States, based in New Haven, CT. It received its IRS tax-exemption ruling in October 1995, 31 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 December 2023, Connecticut Voices for Children Inc reported income of $1.1m and spending of $1.5m, spending 137% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $937k to $1.1m (+16%), an average of +3.7% a year. The sharpest change came in the year to December 2021, when income rose by 49%. Over the whole period it spent 138% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Connecticut Voices for Children Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 78th percentile within CT. Charities of a similar size with the same main cause include Young Mens Christian Association of Greater Clinton South Carolina Inc ($1.1m), Young Mens Christian Assn of V P I & S U ($1.1m) and Someplace Special Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 0.6% of the total. Compensation of current officers, directors and key employees was $160k (11% of expenses). Other salaries and wages came to $761k. At year end it held assets of $703k against liabilities of $374k, net assets of $330k. It reported 12 employees.