A Better Connecticut Institute

Analysis

A Better Connecticut Institute is a registered charity in United States, based in Hartford, CT. It received its IRS tax-exemption ruling in December 2023, 3 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, A Better Connecticut Institute reported income of $78k and spending of $74k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $130k to $78k (-40%), an average of -40% a year. The sharpest change came in the year to December 2023, when income dropped by 40%. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, A Better Connecticut Institute sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 28th percentile within CT. Charities of a similar size with the same main cause include Southport Historical Society 119 Davis St ($78k), Community Carrot ($79k) and Jewish Burial Association of Madison Inc ($78k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $50k against liabilities of $0, net assets of $50k.