Human Services
(P28)
IRS Verified
DX Registered
990 on File
NEW LONDON HOMELESS HOSPITALITYCENTER INC
CharityAI™ Score
Not yet evaluated
Mission Statement
On behalf of the New London Hospitality Center and Covenant Shelter of New London,Inc., we would like toask you for a donation to the raffle being held on September 7th. Annual Benefit Dance for the New London area homeless. We will be raffling a variety of items ranging in value from $50 to thousands. Larger valued items will be part of a silent auction. All itmes will be displayed with a thank you to the donor.
Financial Overview — FY 2023
$4.5M
Total Revenue
$4.1M
Total Expenses
$5.0M
Net Assets
98
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
83.7%
Fundraising Efficiency
N/A
Operating Reserve
14.83x
Liability-to-Asset
15.2%
Revenue Diversification
93.9%
Executive Compensation
$24K
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $4.5M | $4.1M | $5.0M | 83.7% | 98 |
| 2022 | $3.9M | $3.7M | $4.6M | 82.6% | 110 |
| 2021 | $3.9M | $3.1M | N/A | — | 104 |
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