The Caring Community Of Connecticut Inc
The Caring Community of Connecticut: Consistent Growth, Prudent Spending
EIN: 222583035 · Colchester, CT · Updated: 2026-04-04
About The Caring Community Of Connecticut Inc
The Caring Community Of Connecticut Inc (EIN: 222583035) is a nonprofit organization based in Colchester, CT. The organization reported total revenue of $22.5M and total assets of $10.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Caring Community Of Connecticut Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates The Caring Community Of Connecticut 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, The Caring Community Of Connecticut 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.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available filings, suggesting a volunteer-led executive team or compensation is covered by a related entity, which warrants further investigation for full transparency.
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.
Red Flags
The following concerns were identified during AI analysis of The Caring Community Of Connecticut Inc's IRS 990 filings:
- The consistent reporting of $0 for executive compensation, while potentially positive, could also indicate that executive salaries are paid by a related entity, which would obscure the true cost of leadership.
Strengths
The following positive indicators were identified for The Caring Community Of Connecticut Inc:
- Demonstrates consistent revenue growth over the past eight years, indicating strong donor support and program demand.
- Maintains a healthy asset base relative to liabilities, with assets of $10.25M against liabilities of $10.89M in 2023, showing financial stability.
- Expenses consistently align with revenue, suggesting efficient operations and a focus on program delivery rather than excessive accumulation of reserves.
Frequently Asked Questions about The Caring Community Of Connecticut Inc
What does The Caring Community Of Connecticut Inc do?
The Caring Community Of Connecticut Inc is a nonprofit organization in the Unknown sector, located in Colchester, Connecticut. It is classified under NTEE code Unknown.
How much revenue does The Caring Community Of Connecticut Inc have?
The Caring Community Of Connecticut Inc reported total revenue of $22,482,893. Based on 13 IRS 990 filings on record.
What are The Caring Community Of Connecticut Inc's total assets?
The Caring Community Of Connecticut Inc holds total assets of $10,689,952 as reported in IRS 990 filings.
Where is The Caring Community Of Connecticut Inc located?
The Caring Community Of Connecticut Inc is based in Colchester, Connecticut.
What is The Caring Community Of Connecticut Inc's EIN?
The Caring Community Of Connecticut Inc's Employer Identification Number (EIN) is 222583035. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is The Caring Community Of Connecticut Inc?
The Caring Community Of Connecticut Inc is classified under NTEE code Unknown (Unknown).
Is The Caring Community Of Connecticut Inc a registered 501(c)(3)?
The Caring Community Of Connecticut Inc appears in IRS records (EIN: 222583035). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does The Caring Community Of Connecticut Inc file IRS Form 990?
Yes, The Caring Community Of Connecticut Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was The Caring Community Of Connecticut Inc's revenue in 2023?
In the 202306 filing period, The Caring Community Of Connecticut Inc reported total revenue of $20,719,390, total expenses of $20,709,204, and net assets of $10,253,564.
Is The Caring Community Of Connecticut Inc's revenue growing or declining?
The Caring Community Of Connecticut Inc's revenue is growing. Revenue went from $19,086,153 (202206) to $20,719,390 (202306), a +8.6% change. Based on 13 filings on record.
What is The Caring Community Of Connecticut Inc's most recent 990 filing?
The most recent IRS Form 990 filing for The Caring Community Of Connecticut Inc covers tax period 202306. It shows revenue of $20,719,390, expenses of $20,709,204, total assets of $10,253,564, and liabilities of $10,895,337.
How much does The Caring Community Of Connecticut Inc spend on programs vs administration?
Based on IRS 990 analysis, The Caring Community Of Connecticut Inc allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is The Caring Community Of Connecticut Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, The Caring Community Of Connecticut Inc appears trustworthy. Mission Score: 85/100 (Excellent). 1 red flag identified. 3 strengths noted.
What are the red flags for The Caring Community Of Connecticut Inc?
The following concerns were identified: The consistent reporting of $0 for executive compensation, while potentially positive, could also indicate that executive salaries are paid by a related entity, which would obscure the true cost of leadership.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are The Caring Community Of Connecticut Inc's strengths?
Positive indicators for The Caring Community Of Connecticut Inc include: Demonstrates consistent revenue growth over the past eight years, indicating strong donor support and program demand.. Maintains a healthy asset base relative to liabilities, with assets of $10.25M against liabilities of $10.89M in 2023, showing financial stability.. Expenses consistently align with revenue, suggesting efficient operations and a focus on program delivery rather than excessive accumulation of reserves.. These findings are derived from AI analysis of the organization's financial filings.
How does The Caring Community Of Connecticut Inc compensate executives?
Executive compensation is reported as $0 across all available filings, suggesting a volunteer-led executive team or compensation is covered by a related entity, which warrants further investigation for full transparency. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent $0 executive compensation, how does the organization ensure leadership continuity and professional management without direct salary incentives?
The organization likely relies on dedicated volunteers, pro-bono services, or has its leadership compensated through a separate, related entity. This structure could either be highly efficient or mask true operational costs, requiring deeper inquiry into its governance model.
What specific programs or initiatives have driven the consistent revenue growth observed over the past eight years?
While the filings show revenue growth from $14.39M in 2016 to $20.71M in 2023, the financial data alone does not detail specific program successes. Further investigation into their annual reports or program descriptions would be needed to identify key growth drivers.
Filing History
IRS 990 filing history for The Caring Community Of Connecticut Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), The Caring Community Of Connecticut Inc's revenue has grown by 80.5%, moving from $11.5M to $20.7M. Total assets increased by 139.8% over the same period, from $4.3M to $10.3M. Total functional expenses rose by 79.5%, from $11.5M to $20.7M. In its most recent filing year (2023), The Caring Community Of Connecticut Inc reported a surplus of $10K, with revenue exceeding expenses. The organization holds $10.9M in liabilities against $10.3M in assets (debt-to-asset ratio: 106.3%), resulting in net assets of $-641,773.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $20.7M | $20.7M | $10.3M | $10.9M | — | — |
| 2022 | $19.1M | $19.2M | $8.2M | $8.9M | — | View 990 |
| 2021 | $17.6M | $17.7M | $8.5M | $9.1M | — | View 990 |
| 2020 | $18.0M | $18.0M | $8.5M | $9.0M | — | View 990 |
| 2019 | $16.1M | $16.1M | $7.1M | $7.6M | — | View 990 |
| 2018 | $14.9M | $14.9M | $6.8M | $7.3M | — | View 990 |
| 2017 | $14.5M | $14.5M | $7.1M | $7.6M | — | View 990 |
| 2016 | $14.4M | $14.4M | $7.2M | $7.6M | — | View 990 |
| 2015 | $13.5M | $13.5M | $5.7M | $6.1M | — | View 990 |
| 2014 | $12.2M | $12.1M | $4.7M | $5.1M | — | View 990 |
| 2013 | $11.7M | $11.8M | $4.4M | $4.9M | — | View 990 |
| 2012 | $11.5M | $11.8M | $4.5M | $4.9M | — | View 990 |
| 2011 | $11.5M | $11.5M | $4.3M | $4.4M | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $20.7M, expenses of $20.7M, and assets of $10.3M (revenue +8.6% year-over-year).
- 2022: Revenue of $19.1M, expenses of $19.2M, and assets of $8.2M (revenue +8.5% year-over-year).
- 2021: Revenue of $17.6M, expenses of $17.7M, and assets of $8.5M (revenue -2.4% year-over-year).
- 2020: Revenue of $18.0M, expenses of $18.0M, and assets of $8.5M (revenue +12.2% year-over-year).
- 2019: Revenue of $16.1M, expenses of $16.1M, and assets of $7.1M (revenue +7.9% year-over-year).
- 2018: Revenue of $14.9M, expenses of $14.9M, and assets of $6.8M (revenue +2.7% year-over-year).
- 2017: Revenue of $14.5M, expenses of $14.5M, and assets of $7.1M (revenue +0.8% year-over-year).
- 2016: Revenue of $14.4M, expenses of $14.4M, and assets of $7.2M (revenue +6.9% year-over-year).
- 2015: Revenue of $13.5M, expenses of $13.5M, and assets of $5.7M (revenue +10.1% year-over-year).
- 2014: Revenue of $12.2M, expenses of $12.1M, and assets of $4.7M (revenue +4.9% year-over-year).
- 2013: Revenue of $11.7M, expenses of $11.8M, and assets of $4.4M (revenue +1.0% year-over-year).
- 2012: Revenue of $11.5M, expenses of $11.8M, and assets of $4.5M (revenue +0.6% year-over-year).
- 2011: Revenue of $11.5M, expenses of $11.5M, and assets of $4.3M.
Data Sources and Methodology
This transparency report for The Caring Community Of Connecticut 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.