Connect Inc

Analysis

Connect Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 2003, 23 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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 June 2023, Connect Inc reported income of $949k and spending of $1.2m, spending 122% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.8m to $949k (-48%), an average of -15% a year. The sharpest change came in the year to June 2020, when income dropped by 47%. Over the whole period it spent 91% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Connect Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 75th percentile within NY. Charities of a similar size with the same main cause include Embracing Freedom Ministry ($948k), Brightside Child and Family Advocacy Inc ($950k) and Phoenix Center for Advanced Legal & Economic Public Policy Studies Inc ($948k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 3.4% of the total. Compensation of current officers, directors and key employees was $164k (14% of expenses). Other salaries and wages came to $602k. At year end it held assets of $1.2m against liabilities of $251k, net assets of $938k. It reported 10 employees.