Utopia & Queen of Sheba Benevolent is a 501(c)(3) organization based in Hartford, Connecticut, registered in 1998, with $29,502 in FY2024 revenue. CharityIndex grades it D.
Revenue (FY2024)
$30K
▼ 1.6% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$86K
Net assets
$1.2M
Employees
—
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 Utopia & Queen of Sheba Benevolent— 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 Utopia & Queen of Sheba Benevolent: 166 mo reserves · -190% margin earns a F 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 Utopia & Queen of Sheba Benevolent— 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 Utopia & Queen of Sheba Benevolent: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $21K (FY2020) to $30K (FY2024) across 5 reported years.
Financial snapshot
Operating margin
-190.0%
Spent more than it raised in the latest fiscal year.
Total assets
$1.3M
Total liabilities
$97K
Net assets
$1.2M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $29,502▼1.6% | $85,559▲7.9% | $1,183,009▼5.9% | $1,280,143▼3.2% | 990 |
| 2023 | $29,990▲37.6% | $79,287▲194% | $1,257,041▼5.8% | $1,322,168▼5.6% | 990 |
| 2022 | $21,795▼27.7% | $26,933▲3.1% | $1,334,558▼2.3% | $1,401,205▲2.4% | 990 |
| 2021 | $30,146▲44.3% | $26,126▲6.4% | $1,365,960▲1022% | $1,368,732▲578% | 990 |
| 2020 | $20,897 | $24,558 | $121,763 | $201,788 | 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.
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Data for Utopia & Queen of Sheba Benevolent (EIN 06-1517636) 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.