Connection Fund Realty Inc

Analysis

Connection Fund Realty Inc is a registered charity in United States, based in Middletown, CT. It received its IRS tax-exemption ruling in April 2002, 24 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Connection Fund Realty Inc reported income of $199k and spending of $300k, spending 151% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $208k to $199k (-4.1%), an average of -1.0% a year. Over the whole period it spent 148% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Connection Fund Realty Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 51st percentile within CT. Charities of a similar size with the same main cause include West Seven Youth Club ($199k), 10-10 Academy ($199k) and Yoakum Project Show Inc ($199k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $2.0m against liabilities of $235k, net assets of $1.8m.

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.