Membership benefit organizations, mutual insurance, and cooperatives Analysis for Connecticut — revenue, assets, and AI-powered transparency reports.
Average spending breakdown for mutual benefit nonprofits in Connecticut based on IRS 990 filings:
Mutual Benefit nonprofits in Connecticut show strong program spending, directing 83% to charitable activities.
There are 83 mutual benefit nonprofits in Connecticut, classified under NTEE codes Y, with $1.2B in combined revenue.
The largest mutual benefit nonprofit in Connecticut by revenue is Yale University Retiree Health Benefits Coverage Tr with $928.1M in annual revenue.
On average, mutual benefit nonprofits in Connecticut spend 83% on programs, 13% on administration, and 3% on fundraising.
Check the organization's Mission Score, review red flags, examine spending breakdowns, and verify their IRS 990 filings on NonprofitSpending. Legitimate mutual benefit nonprofits typically spend 65%+ of their budget on programs.