Jain Center of Connecticut Inc

Analysis

Jain Center of Connecticut Inc is a registered charity in United States, based in Southport, CT. It received its IRS tax-exemption ruling in April 2000, 26 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Jain Center of Connecticut Inc reported income of $62k and spending of $23k, leaving 63% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $37k to $62k (+67%), an average of +67% a year. The sharpest change came in the year to December 2023, when income rose by 67%. Over the whole period it spent 56% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Jain Center of Connecticut Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 23rd percentile within CT. Charities of a similar size with the same main cause include Tinh Xa Giac Ngo Inc ($62k), Theravada Buddhist Association of America ($62k) and Mongolian Buddhist Cultural Center ($62k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 59% of the total. At year end it held assets of $209k against liabilities of $0, net assets of $209k.