Connections Work

Analysis

Connections Work is a registered charity in United States, based in Reading, PA. It received its IRS tax-exemption ruling in October 1975, 51 years ago. 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, Connections Work reported income of $3.0m and spending of $3.1m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.6m to $3.0m (+16%), an average of +3.8% a year. The sharpest change came in the year to December 2021, when income rose by 39%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Connections Work sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 87th percentile within PA. Charities of a similar size with the same main cause include Manufacturers Talent Institute Inc ($3.0m), Brown University Research Foundation ($3.0m) and American Civil Liberties Union of Missouri Foundation ($3.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 32% of the total. Compensation of current officers, directors and key employees was $240k (7.8% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $1.6m against liabilities of $529k, net assets of $1.0m. It reported 51 employees.