Connecticut Hospitality Educational Association Inc

Analysis

Connecticut Hospitality Educational Association Inc is a registered charity in United States, based in Wethersfield, CT. It received its IRS tax-exemption ruling in November 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 December 2023, Connecticut Hospitality Educational Association Inc reported income of $141k and spending of $95k, leaving 33% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income fell from $207k to $141k (-32%), an average of -12% a year. The sharpest change came in the year to December 2021, when income rose by 195%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Connecticut Hospitality Educational Association Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 43rd percentile within CT. Charities of a similar size with the same main cause include Parent Booster USA Inc ($141k), Toledo Area Cement Masons Joint Apprenticeship Committee ($141k) and High Point Educational and Community Foundation II ($141k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $55k. At year end it held assets of $265k against liabilities of $0, net assets of $265k.