Copper Beech Institute Inc

Analysis

Copper Beech Institute Inc is a registered charity in United States, based in West Hartford, CT. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Copper Beech Institute Inc reported income of $575k and spending of $834k, spending 145% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $813k to $575k (-29%), an average of -11% a year. The sharpest change came in the year to June 2023, when income dropped by 15%. Over the whole period it spent 110% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Copper Beech Institute Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 70th percentile within CT. Charities of a similar size with the same main cause include Poker Hill School Inc ($574k), Lake Trabis Athletic Booster Club Inc ($575k) and Youth Tech Inc ($574k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 36% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $119k (14% of expenses). Other salaries and wages came to $246k. At year end it held assets of $566k against liabilities of $498k, net assets of $69k. It reported 9 employees.