Cove Center for Grieving Children Inc

Analysis

Cove Center for Grieving Children Inc is a registered charity in United States, based in Cheshire, CT. It received its IRS tax-exemption ruling in August 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 June 2023, Cove Center for Grieving Children Inc reported income of $508k and spending of $423k, spending 83% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $427k to $508k (+19%), an average of +4.4% a year. The sharpest change came in the year to June 2021, when income dropped by 16%. Over the whole period it spent 83% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cove Center for Grieving Children Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 68th percentile within CT. Charities of a similar size with the same main cause include Merry Manor School of Childhood Inc ($508k), Happy Kids Daycare & Preschool Inc ($508k) and Islamic Foundation of Iowa Inc ($508k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 64% of the total. Compensation of current officers, directors and key employees was $94k (22% of expenses). Other salaries and wages came to $109k. At year end it held assets of $543k against liabilities of $25k, net assets of $519k. It reported 6 employees.