Alternative Services Inc of Connecticut

Analysis

Alternative Services Inc of Connecticut is a registered charity in United States, based in Colchester, CT. It received its IRS tax-exemption ruling in December 1993, 33 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, Alternative Services Inc of Connecticut reported income of $11.1m and spending of $11.0m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $9.6m to $11.1m (+15%), an average of +3.6% a year. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Alternative Services Inc of Connecticut sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within CT. Charities of a similar size with the same main cause include Easter Seals Western and Central Pennsylvania ($11.0m), Rena Day Care Centers Inc ($11.1m) and Professional Med Team ($11.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.1% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $161k (1.5% of expenses). Other salaries and wages came to $5.6m. At year end it held assets of $6.7m against liabilities of $5.6m, net assets of $1.1m. It reported 173 employees.