CT Breast Health Initiative Inc

Analysis

CT Breast Health Initiative Inc is a registered charity in United States, based in New Britain, CT. It received its IRS tax-exemption ruling in March 2004, 22 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, CT Breast Health Initiative Inc reported income of $342k and spending of $301k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $425k to $342k (-19%), an average of -5.2% a year. The sharpest change came in the year to December 2020, when income dropped by 67%. Over the whole period it spent 87% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, CT Breast Health Initiative Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 61st percentile within CT. Charities of a similar size with the same main cause include McOre Foundation ($342k), St Lukes Lutheran Health Ministries Inc ($342k) and St Josephs Retirement Community Foundation ($342k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 19% of the total. Other salaries and wages came to $29k. At year end it held assets of $587k against liabilities of $77k, net assets of $511k. It reported 1 employees.