New Haven Ecology Project Inc

Analysis

New Haven Ecology Project Inc is a registered charity in United States, based in New Haven, CT. It received its IRS tax-exemption ruling in August 1992, 34 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, New Haven Ecology Project Inc reported income of $7.2m and spending of $7.5m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.8m to $7.2m (+25%), an average of +5.8% a year. The sharpest change came in the year to June 2021, when income rose by 23%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, New Haven Ecology Project Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within CT. Charities of a similar size with the same main cause include United Retirement Center ($7.2m), Metro Meals on Wheels Inc ($7.3m) and Community Coordinated Child Care ($7.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 72% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $207k (2.8% of expenses). Other salaries and wages came to $4.5m. At year end it held assets of $13.6m against liabilities of $1.2m, net assets of $12.4m. It reported 241 employees.