Connecticut Society of Genealogists Inc

Analysis

Connecticut Society of Genealogists Inc is a registered charity in United States, based in East Hartford, CT. It received its IRS tax-exemption ruling in April 1969, 57 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 April 2024, Connecticut Society of Genealogists Inc reported income of $103k and spending of $147k, spending 142% of what it took in. Across the 5 years on record, from April 2020 to April 2024, income grew from $96k to $103k (+7.7%), an average of +1.9% a year. The sharpest change came in the year to April 2023, when income rose by 21%. Over the whole period it spent 147% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Connecticut Society of Genealogists Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 36th percentile within CT. Charities of a similar size with the same main cause include Theoree ($103k), Upper Jay Art Center ($103k) and International Foundation for Theater Education and Research ($103k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 73% and program service revenue 4.3% of the total. Compensation of current officers, directors and key employees was $46k (31% of expenses). Other salaries and wages came to $7,810. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.