Lost in New Haven Inc

Analysis

Lost in New Haven Inc is a registered charity in United States, based in New Haven, CT. It received its IRS tax-exemption ruling in February 2022, 4 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 December 2022, Lost in New Haven Inc reported income of $621k and spending of $364k, leaving 41% of income unspent that year. Across the 2 years on record, from December 2021 to December 2022, income grew from $312k to $621k (+99%), an average of +99% a year. The sharpest change came in the year to December 2022, when income rose by 99%. Over the whole period it spent 56% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Lost in New Haven Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within CT. Charities of a similar size with the same main cause include Sound View Community Media Inc ($621k), Canyon Theatre Guild ($621k) and Laguna Plein Air Painters Association ($621k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $38k. At year end it held assets of $1.4m against liabilities of $1.0m, net assets of $415k.