Capital Community College Foundation Inc

Analysis

Capital Community College Foundation Inc is a registered charity in United States, based in Hartford, CT. It received its IRS tax-exemption ruling in May 1985, 41 years ago. 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, Capital Community College Foundation Inc reported income of $408k and spending of $337k, spending 82% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $726k to $408k (-44%), an average of -11% a year. The sharpest change came in the year to June 2021, when income rose by 315%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Capital Community College Foundation Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 64th percentile within CT. Charities of a similar size with the same main cause include The English Concert in America Inc ($408k), Guse Summit View ($408k) and 32nd Street Farmers Market Inc ($408k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 71% of the total. At year end it held assets of $2.7m against liabilities of $126k, net assets of $2.6m.