Hartford Jazz Society Inc

Analysis

Hartford Jazz Society Inc is a registered charity in United States, based in Hartford, CT. It received its IRS tax-exemption ruling in May 1968, 58 years ago. 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 December 2023, Hartford Jazz Society Inc reported income of $162k and spending of $128k, leaving 21% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $114k to $162k (+43%), an average of +43% a year. The sharpest change came in the year to December 2023, when income rose by 43%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hartford Jazz Society Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 46th percentile within CT. Charities of a similar size with the same main cause include Auxiliary to the Virginia Reach General Hospital ($162k), Acts Today Ministries International Inc ($162k) and U S Chess Trust ($162k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 14% of the total. At year end it held assets of $80k against liabilities of $0, net assets of $80k.