Reconnect Rochester Inc
Analysis
Reconnect Rochester Inc is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in March 1997, 29 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Reconnect Rochester Inc reported income of $197k and spending of $311k, spending 158% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $519k to $197k (-62%), an average of -62% a year. The sharpest change came in the year to December 2023, when income dropped by 62%. Over the whole period it spent 74% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Reconnect Rochester Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 51st percentile within NY. Charities of a similar size with the same main cause include Friends of Wheeling Inc ($197k), Old Jamestown School Association Inc ($197k) and Catholic Charities Housing Sarasota Inc ($197k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $50k (16% of expenses). Other salaries and wages came to $181k. At year end it held assets of $594k against liabilities of $3,823, net assets of $590k. It reported 6 employees.
Income and spending
Where the income comes from
- Contributions & grants 99%
- Other 1.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Friends of Wheeling Inc | Wheeling | $197k |
| Old Jamestown School Association Inc | Jamestown | $197k |
| Catholic Charities Housing Sarasota Inc | Venice | $197k |
| Friends of the Turlock Public Library | Turlock | $197k |