Connecticut Childrens Foundation Inc

Analysis

Connecticut Childrens Foundation Inc is a registered charity in United States, based in Hartford, CT. It received its IRS tax-exemption ruling in November 1986, 40 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 September 2023, Connecticut Childrens Foundation Inc reported income of $29.4m and spending of $6.8m, leaving 77% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $20.4m to $29.4m (+44%), an average of +9.5% a year. The sharpest change came in the year to September 2021, when income rose by 47%. Over the whole period it spent 51% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Connecticut Childrens Foundation Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within CT. Charities of a similar size with the same main cause include Mission Area Health Associates Dba Mission Neighborhood Health Center ($29.3m), Childrens Crisis Treatment Center Inc ($29.4m) and Community Dental Care ($29.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 88% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $524k (7.7% of expenses). Other salaries and wages came to $3.4m. At year end it held assets of $232.5m against liabilities of $593k, net assets of $231.9m. It reported 30 employees.