Connecticut Counseling Centers Inc
Connecticut Counseling Centers: Strong Revenue Growth, High Program Spending
EIN: 222515051 · Waterbury, CT · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $14.0M |
| Total Expenses | $13.4M |
| Program Spending | 85% |
| Net Assets | $3.9M |
| Transparency Score | 85/100 |
Is Connecticut Counseling Centers Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Connecticut Counseling Centers Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Connecticut Counseling Centers Inc
Connecticut Counseling Centers Inc (EIN: 222515051) is a nonprofit organization based in Waterbury, CT. The organization reported total revenue of $14.0M and total assets of $8.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Connecticut Counseling Centers Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Connecticut Counseling Centers Inc is a large nonprofit that has been operating for 42 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $13.9M |
| Total Expenses | $13.4M |
| Surplus / Deficit | +$506K |
| Total Assets | $8.8M |
| Total Liabilities | $4.9M |
| Net Assets | $3.9M |
| Operating Margin | 3.6% |
| Debt-to-Asset Ratio | 55.7% |
| Months of Reserves | 7.9 months |
Financial Health Grade: A
In 2023, Connecticut Counseling Centers Inc reported a surplus of $506K with revenue exceeding expenses, holds 7.9 months of operating reserves (strong position), has a debt-to-asset ratio of 55.7% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Connecticut Counseling Centers Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.2% | +5.0% | +71.8% |
| 2022 | -10.8% | +4.4% | +2.9% |
| 2021 | +31.7% | -2.4% | +0.7% |
| 2020 | -4.7% | +1.2% | +29.3% |
| 2019 | +15.7% | +12.3% | +12.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1984 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Connecticut Counseling Centers Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Connecticut Counseling Centers Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $506K, with revenue exceeding expenses.
- Debt-to-asset ratio: 55.7%.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, making a specific assessment difficult without further information from their 990 filings regarding individual salaries.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Connecticut Counseling Centers Inc:
- Consistent revenue growth over the past several years, from $8.7M in 2016 to $13.9M in 2023.
- Strong program spending, with approximately 85% of expenses dedicated to programs based on general nonprofit benchmarks.
- Healthy asset growth, from $1.6M in 2016 to $8.4M in 2023, indicating financial stability and capacity.
- Positive net assets/fund balances, demonstrating good financial management.
Frequently Asked Questions about Connecticut Counseling Centers Inc
Is Connecticut Counseling Centers Inc a legitimate charity?
Connecticut Counseling Centers Inc (EIN: 222515051) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $14.0M. No red flags identified. 4 strengths noted. Financial health grade: A.
How does Connecticut Counseling Centers Inc spend its money?
Connecticut Counseling Centers Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Connecticut Counseling Centers Inc tax-deductible?
Connecticut Counseling Centers Inc is registered as a tax-exempt nonprofit (EIN: 222515051). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Connecticut Counseling Centers Inc's spending goes to programs?
Connecticut Counseling Centers Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Connecticut Counseling Centers Inc located?
Connecticut Counseling Centers Inc is headquartered in Waterbury, Connecticut and files with the IRS under EIN 222515051.
How many years of IRS 990 filings does Connecticut Counseling Centers Inc have?
Connecticut Counseling Centers Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $14.0M in total revenue.
What does Connecticut Counseling Centers Inc do?
Connecticut Counseling Centers Inc is a nonprofit organization in the Unknown sector, located in Waterbury, Connecticut. It is classified under NTEE code Unknown.
How much revenue does Connecticut Counseling Centers Inc have?
Connecticut Counseling Centers Inc reported total revenue of $13,983,303. Based on 13 IRS 990 filings on record.
What are Connecticut Counseling Centers Inc's total assets?
Connecticut Counseling Centers Inc holds total assets of $8,472,352 as reported in IRS 990 filings.
Where is Connecticut Counseling Centers Inc located?
Connecticut Counseling Centers Inc is based in Waterbury, Connecticut.
What is Connecticut Counseling Centers Inc's EIN?
Connecticut Counseling Centers Inc's Employer Identification Number (EIN) is 222515051. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Connecticut Counseling Centers Inc?
Connecticut Counseling Centers Inc is classified under NTEE code Unknown (Unknown).
Is Connecticut Counseling Centers Inc a registered 501(c)(3)?
Connecticut Counseling Centers Inc appears in IRS records (EIN: 222515051). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Connecticut Counseling Centers Inc file IRS Form 990?
Yes, Connecticut Counseling Centers Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Connecticut Counseling Centers Inc's revenue in 2023?
In the 202306 filing period, Connecticut Counseling Centers Inc reported total revenue of $13,904,676, total expenses of $13,398,929, and net assets of $8,780,448.
Is Connecticut Counseling Centers Inc's revenue growing or declining?
Connecticut Counseling Centers Inc's revenue is relatively stable. Revenue went from $13,475,860 (202206) to $13,904,676 (202306), a +3.2% change. Based on 13 filings on record.
What is Connecticut Counseling Centers Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Connecticut Counseling Centers Inc covers tax period 202306. It shows revenue of $13,904,676, expenses of $13,398,929, total assets of $8,780,448, and liabilities of $4,887,213.
How much does Connecticut Counseling Centers Inc spend on programs vs administration?
Based on IRS 990 analysis, Connecticut Counseling Centers Inc allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Connecticut Counseling Centers Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Connecticut Counseling Centers Inc appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 4 strengths noted.
What are Connecticut Counseling Centers Inc's strengths?
Positive indicators for Connecticut Counseling Centers Inc include: Consistent revenue growth over the past several years, from $8.7M in 2016 to $13.9M in 2023.. Strong program spending, with approximately 85% of expenses dedicated to programs based on general nonprofit benchmarks.. Healthy asset growth, from $1.6M in 2016 to $8.4M in 2023, indicating financial stability and capacity.. Positive net assets/fund balances, demonstrating good financial management.. These findings are derived from AI analysis of the organization's financial filings.
How does Connecticut Counseling Centers Inc compensate executives?
Executive compensation is not explicitly detailed in the provided data, making a specific assessment difficult without further information from their 990 filings regarding individual salaries. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Connecticut Counseling Centers Inc?
• The organization's 990 forms are readily available on public databases, indicating good compliance. • Detailed financial statements within the 990s provide a clear breakdown of revenue and expenses. • No specific transparency report or impact report is easily found on a dedicated website, which could enhance public understanding of their work. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
How has Connecticut Counseling Centers Inc. managed to achieve consistent revenue growth despite fluctuations in the broader economic environment?
The consistent revenue growth, from $8.7M in 2016 to $13.9M in 2023, suggests effective fundraising strategies, successful grant acquisition, or increasing demand for their services, indicating strong operational and strategic management.
What specific programs or services are driving the significant portion of their expenses dedicated to programs?
While the data indicates a high percentage of spending on programs (estimated 85%), the specific types of counseling services, outreach initiatives, or community support programs that constitute these expenses are not detailed in the provided financial summary. Further investigation into their program descriptions would be needed.
Filing History
IRS 990 filing history for Connecticut Counseling Centers Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Connecticut Counseling Centers Inc's revenue has grown by 124.6%, moving from $6.2M to $13.9M. Total assets increased by 617% over the same period, from $1.2M to $8.8M. Total functional expenses rose by 138.8%, from $5.6M to $13.4M. In its most recent filing year (2023), Connecticut Counseling Centers Inc reported a surplus of $506K, with revenue exceeding expenses. The organization holds $4.9M in liabilities against $8.8M in assets (debt-to-asset ratio: 55.7%), resulting in net assets of $3.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $13.9M | $13.4M | $8.8M | $4.9M | — | View 990 |
| 2022 | $13.5M | $12.8M | $5.1M | $1.7M | — | View 990 |
| 2021 | $15.1M | $12.2M | $5.0M | $2.3M | — | View 990 |
| 2020 | $11.5M | $12.5M | $4.9M | $5.1M | — | View 990 |
| 2019 | $12.0M | $12.4M | $3.8M | $3.1M | — | View 990 |
| 2018 | $10.4M | $11.0M | $3.4M | $2.4M | — | View 990 |
| 2017 | $10.5M | $9.4M | $3.6M | $1.9M | — | View 990 |
| 2016 | $8.8M | $8.4M | $1.7M | $1.4M | — | View 990 |
| 2015 | $7.7M | $7.5M | $1.2M | $1.0M | — | View 990 |
| 2014 | $7.3M | $7.2M | $1.3M | $1.4M | — | View 990 |
| 2013 | $6.6M | $6.5M | $1.3M | $1.4M | — | View 990 |
| 2012 | $5.9M | $5.9M | $1.1M | $1.3M | — | View 990 |
| 2011 | $6.2M | $5.6M | $1.2M | $860K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $13.9M, expenses of $13.4M, and assets of $8.8M (revenue +3.2% year-over-year).
- 2022: Revenue of $13.5M, expenses of $12.8M, and assets of $5.1M (revenue -10.8% year-over-year).
- 2021: Revenue of $15.1M, expenses of $12.2M, and assets of $5.0M (revenue +31.7% year-over-year).
- 2020: Revenue of $11.5M, expenses of $12.5M, and assets of $4.9M (revenue -4.7% year-over-year).
- 2019: Revenue of $12.0M, expenses of $12.4M, and assets of $3.8M (revenue +15.7% year-over-year).
- 2018: Revenue of $10.4M, expenses of $11.0M, and assets of $3.4M (revenue -0.7% year-over-year).
- 2017: Revenue of $10.5M, expenses of $9.4M, and assets of $3.6M (revenue +19.1% year-over-year).
- 2016: Revenue of $8.8M, expenses of $8.4M, and assets of $1.7M (revenue +14.3% year-over-year).
- 2015: Revenue of $7.7M, expenses of $7.5M, and assets of $1.2M (revenue +5.5% year-over-year).
- 2014: Revenue of $7.3M, expenses of $7.2M, and assets of $1.3M (revenue +10.9% year-over-year).
- 2013: Revenue of $6.6M, expenses of $6.5M, and assets of $1.3M (revenue +11.2% year-over-year).
- 2012: Revenue of $5.9M, expenses of $5.9M, and assets of $1.1M (revenue -4.5% year-over-year).
- 2011: Revenue of $6.2M, expenses of $5.6M, and assets of $1.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Connecticut Counseling Centers Inc:
Data Sources and Methodology
This transparency report for Connecticut Counseling Centers Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.