Regional Community Connections One Inc
Analysis
Regional Community Connections One Inc is a registered charity in United States, based in Longview, TX. It received its IRS tax-exemption ruling in June 2009, 17 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 2022, Regional Community Connections One Inc reported income of $476k and spending of $423k, spending 89% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $437k to $476k (+9.0%), an average of +2.9% a year. Over the whole period it spent 97% of the income it received.
Among 19,475 United States charities whose main cause is community and economic development and that reported income, Regional Community Connections One Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 74th percentile within TX. Charities of a similar size with the same main cause include Stuart Main Street Association Inc ($476k), Jones Memorial Community Development Corporation ($476k) and Restore Marietta Inc ($476k).
On its Form 990 for the period ending December 2022, revenue came from contributions and grants 58% and program service revenue 42% of the total. Other salaries and wages came to $28k. At year end it held assets of $283k against liabilities of $3,195, net assets of $280k.
Income and spending
Where the income comes from
- Contributions & grants 58%
- Program services 42%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Stuart Main Street Association Inc | Stuart | $476k |
| Jones Memorial Community Development Corporation | Philadelphia | $476k |
| Restore Marietta Inc | Marietta | $476k |
| Junior League of Lubbock Tex Inc | Lubbock | $477k |