Q Plus- Queer Youth Program of Connecticut Inc

Analysis

Q Plus- Queer Youth Program of Connecticut Inc is a registered charity in United States, based in West Hartford, CT. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 August 2023, Q Plus- Queer Youth Program of Connecticut Inc reported income of $163k and spending of $217k, spending 133% of what it took in. Across the 2 years on record, from August 2022 to August 2023, income grew from $132k to $163k (+23%), an average of +23% a year. The sharpest change came in the year to August 2023, when income rose by 23%. Over the whole period it spent 83% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Q Plus- Queer Youth Program of Connecticut Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 46th percentile within CT. Charities of a similar size with the same main cause include Brothers on the Rise ($163k), Public Safety Cadets ($163k) and Bbbsoc Qalicb Inc ($163k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 91% and program service revenue 9.1% of the total. At year end it held assets of $50k against liabilities of $0, net assets of $50k.