Connecticut Counseling Centers Inc

Analysis

Connecticut Counseling Centers Inc is a registered charity in United States, based in Waterbury, CT. It received its IRS tax-exemption ruling in August 1984, 42 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 2023, Connecticut Counseling Centers Inc reported income of $13.9m and spending of $13.4m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $12.0m to $13.9m (+15%), an average of +3.7% a year. The sharpest change came in the year to June 2021, when income rose by 32%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Connecticut Counseling Centers Inc sits at the 97th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within CT. Charities of a similar size with the same main cause include Public Children Services Assoc of Ohio Inc ($13.9m), Community Extended Nuclear Transitional Resid Exoffenders Inc ($13.9m) and Jewish Community Center of Greater Columbus ($13.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.8% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $940k (7.0% of expenses). Other salaries and wages came to $5.6m. At year end it held assets of $8.8m against liabilities of $4.9m, net assets of $3.9m. It reported 145 employees.