Hundred Club of Connecticut Inc

Analysis

Hundred Club of Connecticut Inc is a registered charity in United States, based in Glastonbury, CT. It received its IRS tax-exemption ruling in November 1967, 59 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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, Hundred Club of Connecticut Inc reported income of $840k and spending of $925k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $745k to $840k (+13%), an average of +3.0% a year. The sharpest change came in the year to December 2023, when income dropped by 18%. Over the whole period it spent 94% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Hundred Club of Connecticut Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 75th percentile within CT. Charities of a similar size with the same main cause include Community Volunteer Fire Department ($840k), Central Oregon Forest Stewardship Foundation ($840k) and Texas Equusearch ($838k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% of the total. Compensation of current officers, directors and key employees was $91k (9.8% of expenses). Other salaries and wages came to $85k. At year end it held assets of $8.3m against liabilities of $0, net assets of $8.3m. It reported 4 employees.