Regional Data Cooperative for Greater New Haven Inc

Analysis

Regional Data Cooperative for Greater New Haven Inc is a registered charity in United States, based in New Haven, CT. It received its IRS tax-exemption ruling in November 2000, 26 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 (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, Regional Data Cooperative for Greater New Haven Inc reported income of $647k and spending of $519k, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $609k to $647k (+6.2%), an average of +1.5% a year. The sharpest change came in the year to December 2021, when income rose by 152%. Over the whole period it spent 101% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Regional Data Cooperative for Greater New Haven Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 72nd percentile within CT. Charities of a similar size with the same main cause include National Association of State Personnel Executives Inc ($647k), Ridewise Inc ($647k) and Bayfront Eastside Task Force ($647k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $120k (23% of expenses). Other salaries and wages came to $132k. At year end it held assets of $363k against liabilities of $27k, net assets of $337k. It reported 7 employees.