Hartford Performs

Analysis

Hartford Performs is a registered charity in United States, based in Hartford, CT. It received its IRS tax-exemption ruling in December 2013, 13 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 2024, Hartford Performs reported income of $1.1m and spending of $1.1m, spending 99% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $600k to $1.1m (+78%), an average of +16% a year. The sharpest change came in the year to June 2021, when income rose by 43%. Over the whole period it spent 93% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Hartford Performs sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 78th percentile within CT. Charities of a similar size with the same main cause include Camp Chippewa Foundation ($1.1m), Mt Olive Development Corp ($1.1m) and Nebraska Association for the Education of Young Children Inc ($1.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 92% and program service revenue 6.4% of the total. Compensation of current officers, directors and key employees was $140k (13% of expenses). Other salaries and wages came to $251k. At year end it held assets of $700k against liabilities of $114k, net assets of $586k. It reported 8 employees.