Connecticut Counseling Centers Fund Inc

Analysis

Connecticut Counseling Centers Fund Inc is a registered charity in United States, based in Waterbury, CT. It received its IRS tax-exemption ruling in March 1994, 32 years ago. Its declared purposes cover human services, 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, Connecticut Counseling Centers Fund Inc reported income of $111k and spending of $32k, leaving 71% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $42k to $111k (+162%), an average of +27% a year. The sharpest change came in the year to June 2020, when income dropped by 253%. Over the whole period it spent 48% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Connecticut Counseling Centers Fund Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 38th percentile within CT. Charities of a similar size with the same main cause include Cass County Rural Community Emergency Food Pantry Inc ($111k), Golden Valley Door of Hope ($111k) and Houseboys of Florida Toys for Kids Foundation Inc ($111k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.0% of the total. At year end it held assets of $3.0m against liabilities of $0, net assets of $3.0m.