Community Improvement
(S30)
IRS Verified
DX Registered
990 on File
CONNECTICUT INSTITUTE FOR COMMUNITIES INC
Financial strength (30%)
65/100
Reliability (20%)
55/100
Effectiveness (25%)
76/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2023
$41.9M
Total Revenue
$41.6M
Total Expenses
$21.5M
Net Assets
522
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
91.1%
Fundraising Efficiency
392.4%
Operating Reserve
6.20x
Liability-to-Asset
37.8%
Revenue Diversification
63.5%
Executive Compensation
$523K
Compared with Peers
FY 2023
Compared with 373 similar organizations
(United States, Community Improvement, $10M–$100M in expenses), FY 2023.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
91.1% | 89.8% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
8.8% | 8.7% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.2% | 0.1% |
P10P90
|
Below median |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
392.4% | 320.9% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
6.2 mo | 6.9 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
37.8% | 41.3% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
63.5% | 92.9% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
-4.8% | 7.4% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
9.8% | 11.2% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
0.9% | 0.8% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $41.9M | $41.6M | $21.5M | 91.1% | 522 |
| 2022 | $44.0M | $37.9M | $21.1M | 90.2% | 513 |
| 2021 | $59.7M | $33.2M | N/A | — | 505 |
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