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Sustainable CT Inc

RegisteredEIN 82-4894473Bozrah, CTEducation and training
Income$2.0m2023-12
Spending$1.4msame year
Spent / received77%5-year average
Size in its cause82nd pctEducation and training
Exempt since2019Publicly supported organisat
Employees23latest return

Analysis

Sustainable CT Inc is a registered charity in United States, based in Bozrah, CT. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Sustainable CT Inc reported income of $2.0m and spending of $1.4m, leaving 33% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $2.0m (+84%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 168%. Over the whole period it spent 77% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sustainable CT Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 84th percentile within CT. Charities of a similar size with the same main cause include Vegas Stronger ($2.0m), Ecs Corona-Norco ($2.0m) and Open Arms Lutheran Child Development Center ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.4% of the total. Other salaries and wages came to $636k. At year end it held assets of $1.8m against liabilities of $83k, net assets of $1.7m. It reported 23 employees.

Income and spending

$0$513k$1.0m$1.5m$2.1m2019 Income: $1,099,2882019 Spending: $404,51320192020 Income: $1,385,8692020 Spending: $1,121,96420202021 Income: $2,053,1352021 Spending: $1,605,61820212022 Income: $756,3672022 Spending: $1,138,33520222023 Income: $2,024,1012023 Spending: $1,357,1582023
IncomeSpending

Where the income comes from

  • Contributions & grants 100%
  • Program services 0.4%
  • Other 0.0%

Similar-sized charities, same cause

CharityLocationIncome
Vegas StrongerLas Vegas$2.0m
Ecs Corona-NorcoVictorville$2.0m
Open Arms Lutheran Child Development CenterAlpharetta$2.0m
The International Council of Shop Ping Centers Foundation IncNew York$2.0m