Connecticut Tax Collectors Association Inc

Analysis

Connecticut Tax Collectors Association Inc is a registered charity in United States, based in Milford, CT. It received its IRS tax-exemption ruling in May 2006, 20 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Connecticut Tax Collectors Association Inc reported income of $156k and spending of $164k, spending 105% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $152k to $156k (+2.7%), an average of +2.7% a year. Over the whole period it spent 96% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Connecticut Tax Collectors Association Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within CT. Charities of a similar size with the same main cause include Hoover Helps ($156k), Sapulpa Park Friends Foundation ($156k) and Industrial Developments Incorporated ($156k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 69% of the total. At year end it held assets of $108k against liabilities of $0, net assets of $108k.