Yale Club of New Haven Incorporated

Analysis

Yale Club of New Haven Incorporated is a registered charity in United States, based in New Haven, CT. It received its IRS tax-exemption ruling in April 1970, 56 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Yale Club of New Haven Incorporated reported income of $134k and spending of $233k, spending 174% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $501k to $134k (-73%), an average of -28% a year. The sharpest change came in the year to June 2020, when income dropped by 65%. Over the whole period it spent 618% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Yale Club of New Haven Incorporated 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 44th percentile, and in the 42nd percentile within CT. Charities of a similar size with the same main cause include National Portfolio Day Association ($134k), Westport Middle High School PTO Inc ($134k) and Walnut Grove Elementary School Parent Teacher Organization Inc ($134k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 36% and program service revenue 12% of the total. At year end it held assets of $2.5m against liabilities of $0, net assets of $2.5m.