Early Connections Inc

Analysis

Early Connections Inc is a registered charity in United States, based in Erie, PA. It received its IRS tax-exemption ruling in August 1942, 84 years ago. 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 June 2024, Early Connections Inc reported income of $3.1m and spending of $3.3m, spending 106% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $2.9m to $3.1m (+6.1%), an average of +1.2% a year. The sharpest change came in the year to June 2020, when income rose by 17%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Early Connections Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within PA. Charities of a similar size with the same main cause include Young Mens Christian Association ($3.1m), Safe and Fear-Free Environment ($3.1m) and Nebraska Healthcare Collaborative Inc ($3.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 69% and program service revenue 31% of the total. Compensation of current officers, directors and key employees was $163k (4.9% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $2.6m against liabilities of $709k, net assets of $1.9m. It reported 74 employees.