Connecticut Trial Lawyers Foundation Inc

Analysis

Connecticut Trial Lawyers Foundation Inc is a registered charity in United States, based in Hartford, CT. It received its IRS tax-exemption ruling in January 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Connecticut Trial Lawyers Foundation Inc reported income of $276k and spending of $276k, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $349k to $276k (-21%), an average of -5.7% a year. The sharpest change came in the year to June 2021, when income dropped by 27%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Connecticut Trial Lawyers Foundation Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 57th percentile within CT. Charities of a similar size with the same main cause include PTA Florida Congress ($276k), Girard Public Library ($276k) and Yorba Linda Highschool Football Booster Club ($276k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 20% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $139k (51% of expenses). At year end it held assets of $480k against liabilities of $64, net assets of $480k.