Home Builders Association of Hartford County Charitable Foundat

Analysis

Home Builders Association of Hartford County Charitable Foundat is a registered charity in United States, based in Rocky Hill, CT. It received its IRS tax-exemption ruling in February 2011, 15 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 December 2023, Home Builders Association of Hartford County Charitable Foundat reported income of $63k and spending of $48k, leaving 24% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $5,696 to $63k (+1014%), an average of +1014% a year. The sharpest change came in the year to December 2023, when income rose by 1014%. Over the whole period it spent 130% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Home Builders Association of Hartford County Charitable Foundat sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 23rd percentile within CT. Charities of a similar size with the same main cause include Northglenn Community Foundation ($63k), Cincinnati Observatory Foundation ($63k) and Robertson County Schools Foundation ($63k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 87% of the total. At year end it held assets of $102k against liabilities of $0, net assets of $102k.