Caritas Connections Inc

Analysis

Caritas Connections Inc is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in March 2010, 16 years ago. Its declared purposes cover food, agriculture and nutrition, 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 December 2023, Caritas Connections Inc reported income of $355k and spending of $280k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $212k to $355k (+67%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 39%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Caritas Connections Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 62nd percentile within MO. Charities of a similar size with the same main cause include Divrei Yoisher Inc ($355k), Equity Advocates Inc ($356k) and Crawford Progressive Eldercare Services Inc ($355k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% of the total. At year end it held assets of $268k against liabilities of $9,961, net assets of $258k.