Mission
CULTIVATE AND GROW BLACK COMMUNITIES IN CONNECTICUT THROUGH CAPACITY-BUILDING SOLUTIONS. OUR MISSION IS TO CREATE A BRIGHTER FUTURE FOR ALL COMMUNITY MEMBERS AND WORK TOWARD A MORE EQUITABLE SOCIETY FOR EVERYONE.
Public Charity
THE PROSPERITY FOUNDATION INC
THE PROSPERITY FOUNDATION INC, of NEW HAVEN, CT, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $2.7M in revenue, $3.2M in expenses, $2.2M in total assets. 7 publicly reported grants to this organization, totaling roughly $3.4M, appear in IRS filings.
EIN: 474364468
NEW HAVEN, CT
Human Service Organizations
NTEE: P20
Latest filing: 2024
Total Revenue$2.7M
Total Expenses$3.2M
Total Assets$2.2M
Grant Records7
Funding Total$3.4M
Filing Years2019–2024
Where $100 goes at The Prosperity Foundation Inc
How The Prosperity Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.
$88
Programs
the work itself
$12
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $88 for programs
$88
In 2024, we provided resources, training, and support to community leaders, businesses, and organizations committed to making a positive impact
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
$1,100,000
COMMUNITY AND ECONOMIC DEVELOPMENT
$1,000,000
COMMUNITY AND ECONOMIC DEVELOPMENT
$1,000,000
CT FUNDERS
$150,000
UNRESTRICTED
$6,256
Showing up to 5 of 7 total records — full history available with membership.
Officers & Directors
DIRECTOR
Adrienne Cochrane
DIRECTOR
Brian Cook
TREASURER
Donna Lecky
CHAIR/PRESIDENT
Howard Hill
VICE PRESIDENT
Larry Conaway
EXECUTIVE DIRECTOR
Orsella Hughes
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $2.7M | $3.2M | $2.2M |
| 2023 | $1.8M | $1.1M | $4.0M |
| 2022 | $1.8M | $546K | $1.9M |
| 2020 | $329K | $114K | $475K |
| 2019 | $158K | $167K | $228K |
Between 2019 and 2024, reported annual revenue grew from $158K to $2.7M (+1616%), with total assets most recently reported at $2.2M.
Interactive year-over-year charts and full filing details available with membership.