Out Film CT Inc

Analysis

Out Film CT Inc is a registered charity in United States, based in Hartford, CT. It received its IRS tax-exemption ruling in October 1989, 37 years ago. 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, Out Film CT Inc reported income of $85k and spending of $92k, spending 109% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $69k to $85k (+23%), an average of +23% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 108% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Out Film CT Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 30th percentile within CT. Charities of a similar size with the same main cause include Wca Area Agency on Aging Foundation ($85k), Fauquier Historical Society Inc ($85k) and Brenton Volunteer Fire Department Inc ($85k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 46% and program service revenue 54% of the total. At year end it held assets of $97k against liabilities of $0, net assets of $97k.