Connect Family Center Inc

Analysis

Connect Family Center Inc is a registered charity in United States, based in Willingboro, NJ. It received its IRS tax-exemption ruling in March 2012, 14 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Connect Family Center Inc reported income of $85k and spending of $85k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $118k to $85k (-28%), an average of -28% a year. The sharpest change came in the year to December 2023, when income dropped by 28%. Over the whole period it spent 98% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Connect Family Center Inc sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 40th percentile within NJ. Charities of a similar size with the same main cause include Laurel Quality of Life Inc ($85k), Housing and Supportive Services of Fresno ($85k) and Walnut Housing Development Corp ($85k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 3.6% and program service revenue 96% of the total. At year end it held assets of $9,452 against liabilities of $0, net assets of $9,452.