Connectedly

Analysis

Connectedly is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in September 1986, 40 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 June 2024, Connectedly reported income of $852k and spending of $935k, spending 110% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $818k to $852k (+4.1%), an average of +0.8% a year. The sharpest change came in the year to June 2022, when income rose by 60%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Connectedly sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within PA. Charities of a similar size with the same main cause include Marion County Childrens Alliance ($852k), Mobile School Pantry Inc Southflorida ($852k) and Lake Christian Ministries Inc ($852k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 73% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $113k (12% of expenses). Other salaries and wages came to $472k. At year end it held assets of $1.6m against liabilities of $169k, net assets of $1.4m. It reported 13 employees.