Connecticut Elks Association Charities Inc

Analysis

Connecticut Elks Association Charities Inc is a registered charity in United States, based in Lebanon, CT. It received its IRS tax-exemption ruling in March 2016, 10 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 May 2023, Connecticut Elks Association Charities Inc reported income of $367k and spending of $284k, leaving 23% of income unspent that year. Across the 5 years on record, from May 2019 to May 2023, income grew from $291k to $367k (+26%), an average of +6.0% a year. The sharpest change came in the year to May 2020, when income rose by 62%. Over the whole period it spent 67% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Connecticut Elks Association Charities Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 62nd percentile within CT. Charities of a similar size with the same main cause include Alder Tree Giving Inc ($367k), Success in Challenges Inc ($367k) and Elite Repeat Serving Stillwater Inc ($367k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 68% of the total. Compensation of current officers, directors and key employees was $5,500 (1.9% of expenses). At year end it held assets of $1.1m against liabilities of $66k, net assets of $1.0m. It reported 2 employees.