Connecticut Bar Foundation Inc

Analysis

Connecticut Bar Foundation Inc is a registered charity in United States, based in Hartford, CT. It received its IRS tax-exemption ruling in July 1966, 60 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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, Connecticut Bar Foundation Inc reported income of $38.9m and spending of $23.9m, leaving 39% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $20.1m to $38.9m (+93%), an average of +18% a year. The sharpest change came in the year to December 2022, when income rose by 62%. Over the whole period it spent 80% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Connecticut Bar Foundation Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within CT. Charities of a similar size with the same main cause include Recidiviz Inc ($38.7m), Safer Foundation ($39.2m) and Anti-Defamation League ($38.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 49% of the total. Compensation of current officers, directors and key employees was $47k (0.2% of expenses). Other salaries and wages came to $830k. At year end it held assets of $38.2m against liabilities of $2.8m, net assets of $35.4m. It reported 13 employees.