Litchfield Community Center Inc

Analysis

Litchfield Community Center Inc is a registered charity in United States, based in Litchfield, CT. It received its IRS tax-exemption ruling in March 1999, 27 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, Litchfield Community Center Inc reported income of $950k and spending of $744k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $542k to $950k (+75%), an average of +15% a year. The sharpest change came in the year to December 2020, when income rose by 93%. Over the whole period it spent 71% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Litchfield Community Center Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 77th percentile within CT. Charities of a similar size with the same main cause include Wesley Glen Health Services Corporation ($949k), Parenting Cottage Inc ($950k) and Porters Call ($949k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $138k (19% of expenses). Other salaries and wages came to $185k. At year end it held assets of $3.5m against liabilities of $11k, net assets of $3.4m. It reported 10 employees.