Community Connections of Ny Inc

Analysis

Community Connections of Ny Inc is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in April 2009, 17 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Community Connections of Ny Inc reported income of $3.7m and spending of $3.9m, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $6.8m to $3.7m (-46%), an average of -14% a year. The sharpest change came in the year to December 2020, when income dropped by 45%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Community Connections of Ny Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 87th percentile within NY. Charities of a similar size with the same main cause include Children Aid Society ($3.7m), Circles of Care ($3.7m) and Beyond Hunger ($3.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 61% of the total. Compensation of current officers, directors and key employees was $131k (3.4% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $3.1m against liabilities of $2.1m, net assets of $1.1m. It reported 39 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.