Center for Reflection Education and Action Incorporated

Analysis

Center for Reflection Education and Action Incorporated is a registered charity in United States, based in Hartford, CT. It received its IRS tax-exemption ruling in January 1997, 29 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Center for Reflection Education and Action Incorporated reported income of $87k and spending of $145k, spending 166% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $253k to $87k (-65%), an average of -19% a year. The sharpest change came in the year to December 2022, when income dropped by 28%. Over the whole period it spent 111% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Center for Reflection Education and Action Incorporated sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 31st percentile within CT. Charities of a similar size with the same main cause include International Society of Information Fusion ($87k), Innovision Awards Organization ($87k) and Boone County Historical Society ($87k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 36% of the total. Compensation of current officers, directors and key employees was $89k (61% of expenses). Other salaries and wages came to $8,132. At year end it held assets of $418k against liabilities of $0, net assets of $418k. It reported 4 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.