Connecticut Association of Adult Day Centers Inc
Analysis
Connecticut Association of Adult Day Centers Inc is a registered charity in United States, based in Rocky Hill, CT. It received its IRS tax-exemption ruling in March 1983, 43 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Connecticut Association of Adult Day Centers Inc reported income of $58k and spending of $66k, spending 114% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $61k to $58k (-4.5%), an average of -4.5% a year. Over the whole period it spent 110% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Connecticut Association of Adult Day Centers Inc sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 21st percentile within CT. Charities of a similar size with the same main cause include Families Engagement Program Inc ($58k), Velle Cares Foundation Inc ($58k) and Safe Night Ministries for Domestic Violence Victims ($58k).
On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 55% of the total. At year end it held assets of $79k against liabilities of $30k, net assets of $49k.
Income and spending
Where the income comes from
- Program services 55%
- Other 45%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Families Engagement Program Inc | Florence | $58k |
| Velle Cares Foundation Inc | New Hill | $58k |
| Safe Night Ministries for Domestic Violence Victims | Highland | $58k |
| Fundacion Coamenos Por LA Ninez Inc | Coamo | $58k |