Capitol Region Education Councilfoundation Inc

Analysis

Capitol Region Education Councilfoundation Inc is a registered charity in United States, based in Hartford, CT. It received its IRS tax-exemption ruling in February 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Capitol Region Education Councilfoundation Inc reported income of $1.5m and spending of $1.4m, spending 94% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.1m to $1.5m (+29%), an average of +6.6% a year. The sharpest change came in the year to June 2023, when income rose by 80%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Capitol Region Education Councilfoundation Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 81st percentile within CT. Charities of a similar size with the same main cause include Manati Academia Discipulos de Cristo Inc ($1.5m), Peralta Colleges Foundation ($1.5m) and Workshop Learning ($1.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $804k against liabilities of $6,359, net assets of $797k.