The Connecticut Healthcare Research & Education Foundation Incorp is a 501(c)(3) organization based in Wallingford, Connecticut, registered in 1966, with $4,067,127 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$4.1M
▲ 7.5% vs prior year
Expenses (FY2024)
$2.5M
Net assets
$5.2M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for The Connecticut Healthcare Research & Education Foundation Incorp— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For The Connecticut Healthcare Research & Education Foundation Incorp: 25 mo reserves · +38% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for The Connecticut Healthcare Research & Education Foundation Incorp— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For The Connecticut Healthcare Research & Education Foundation Incorp: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $1.6M (FY2013) to $4.1M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
37.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$13.8M
Total liabilities
$8.6M
Net assets
$5.2M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $4,067,127▲7.5% | $2,539,071▼0.1% | $5,232,085▲32.0% | $13,809,650▼7.3% | 990 |
| 2023 | $3,784,433▲60.0% | $2,542,143▲23.0% | $3,964,844▲60.9% | $14,903,207▲83.1% | 990 |
| 2022 | $2,365,828▲5.0% | $2,066,730▼5.1% | $2,463,996▲13.8% | $8,141,337▲222% | 990 |
| 2021 | $2,254,090▼7.0% | $2,176,804▼18.3% | $2,164,898▲3.7% | $2,528,210▼3.7% | 990 |
| 2020 | $2,423,516▼14.8% | $2,664,244▼18.7% | $2,087,612▼10.3% | $2,625,332▼10.4% | 990 |
| 2019 | $2,844,873▲6.4% | $3,277,022▲14.1% | $2,328,340▼15.7% | $2,928,654▼9.1% | 990 |
| 2018 | $2,674,192▼30.3% | $2,871,893▼12.1% | $2,760,489▼6.7% | $3,221,379▼8.3% | 990 |
| 2017 | $3,835,945▲24.4% | $3,268,100▲1.2% | $2,958,190▲23.8% | $3,511,332▲17.8% | 990 |
| 2016 | $3,083,247▲26.9% | $3,228,174▲30.6% | $2,390,345▼5.7% | $2,981,158▼2.4% | 990 |
| 2015 | $2,430,578▲9.7% | $2,471,830▲5.3% | $2,535,272▼1.6% | $3,055,205▼1.7% | 990 |
| 2014 | $2,215,628▲35.1% | $2,347,654▲58.5% | $2,576,524▼4.9% | $3,108,323▼3.5% | 990 |
| 2013 | $1,639,532 | $1,481,530▲3.8% | $2,708,550▲6.2% | $3,221,030▼2.1% | 990 |
| 2012 | — | $1,427,462▲49.0% | $2,550,548▲34.6% | $3,288,739▼2.2% | 990 |
| 2011 | — | $958,262▲17.5% | $1,895,188▲18.8% | $3,361,791▼4.1% | 990 |
| 2010 | — | $815,580 | $1,595,740 | $3,507,276 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
2 grants to The Connecticut Healthcare Research & Education Foundation Incorp totaling $80K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Greater Hartford Gives Foundation | Health physical health | 2017 | $40,000 |
| Greater Hartford Gives Foundation | Health physical health | 2017 | $40,000 |
Explore more
Data for The Connecticut Healthcare Research & Education Foundation Incorp (EIN 06-0890298) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.