Chicago has Working Bikes which collects old bikes and sends them to Africa. There might be something similar in NYC doing collections in your area, depending on what part of CT you live in.

[edit] Here's a blurb from the WB website for the link-averse crowd:
Working Bikes is primarily volunteer-driven. Currently it receives no government or foundation money. All its operations are funded through the sale of bicycles at its storefront. Working Bikes uses that money to provide bicycles to charity organizations within Chicagoland and to ship bicycles to the Gulf Coast, Ghana, Tanzania, Angola, Cuba, Guatemala, and Peru.

In the countries to which Working Bikes ships, a bicycle can often mean the difference between work and unemployment. The bicycle is the primary means of vehicular transportation for the majority of the population and is used both for personal transportation and for carrying cargo.

Due to wage differences, a bicycle worth $20 in Chicago can be worth the equivalent of $1,000 in Africa.

Each year Working Bikes gives away over 5,000 bicycles locally and internationally. It distributes about 500 bicycles and wheelchairs in the Chicago area alone: to City programs, refugees and day camps.