Connecticut Nurserymens Foundation Inc

Analysis

Connecticut Nurserymens Foundation Inc is a registered charity in United States, based in Vernon, CT. It received its IRS tax-exemption ruling in January 1997, 29 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 September 2023, Connecticut Nurserymens Foundation Inc reported income of $181k and spending of $75k, leaving 59% of income unspent that year. Across the 4 years on record, from September 2019 to September 2023, income grew from $24k to $181k (+643%), an average of +95% a year. The sharpest change came in the year to September 2021, when income rose by 322%. Over the whole period it spent 69% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Connecticut Nurserymens Foundation Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 49th percentile within CT. Charities of a similar size with the same main cause include Hawaii Coalition Against Sexual Assault ($181k), Riverside Community Outreach ($182k) and Keystone Unlimited ($181k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 4.3% of the total. Compensation of current officers, directors and key employees was $18k (23% of expenses). At year end it held assets of $986k against liabilities of $0, net assets of $986k.