Csi Residential Inc Hospital for Special Care

Analysis

Csi Residential Inc Hospital for Special Care is a registered charity in United States, based in New Britain, CT. It received its IRS tax-exemption ruling in February 1998, 28 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 March 2024, Csi Residential Inc Hospital for Special Care reported income of $92k and spending of $148k, spending 161% of what it took in. Across the 4 years on record, from March 2020 to March 2024, income fell from $100k to $92k (-8.2%), an average of -2.8% a year. Over the whole period it spent 138% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Csi Residential Inc Hospital for Special Care sits at the 21st percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 33rd percentile within CT. Charities of a similar size with the same main cause include North Coast Place Apartments Inc ($92k), Asi Ramsey County Inc ($92k) and Spartanburg Associate Reformed Presbyterian Home Inc ($92k).

On its Form 990-EZ for the period ending March 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $445k against liabilities of $1.0m, net assets of -$597k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.