Widow Connection Inc

Analysis

Widow Connection Inc is a registered charity in United States, based in Barrington, IL. It received its IRS tax-exemption ruling in September 2007, 19 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic 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 December 2023, Widow Connection Inc reported income of $139k and spending of $146k, spending 105% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $73k to $139k (+89%), an average of +89% a year. The sharpest change came in the year to December 2023, when income rose by 89%. Over the whole period it spent 124% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Widow Connection Inc sits at the 43rd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 46th percentile within IL. Charities of a similar size with the same main cause include Pams Place Counseling Center ($139k), Gardiner Main Street ($139k) and Yellow Brick Pathways Towards Employment Inc ($139k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $120k against liabilities of $2,569, net assets of $117k.