Connecticut Community Empowerment Foundation Inc

Analysis

Connecticut Community Empowerment Foundation Inc is a registered charity in United States, based in Cheshire, CT. It received its IRS tax-exemption ruling in May 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2024, Connecticut Community Empowerment Foundation Inc reported income of $192k and spending of $187k, spending 97% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $101k to $192k (+90%), an average of +38% a year. The sharpest change came in the year to June 2024, when income rose by 66%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Connecticut Community Empowerment Foundation Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 50th percentile within CT. Charities of a similar size with the same main cause include Way Counseling Network Inc ($192k), Rochelly Foundation ($193k) and Stripes of a Warrior Inc ($192k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 59% and program service revenue 11% of the total. Other salaries and wages came to $105k. At year end it held assets of $72k against liabilities of $14k, net assets of $58k. It reported 16 employees.