Connecther

Analysis

Connecther is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in May 2009, 17 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 August 2023, Connecther reported income of $394k and spending of $347k, spending 88% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $284k to $394k (+39%), an average of +8.5% a year. The sharpest change came in the year to August 2023, when income rose by 64%. Over the whole period it spent 92% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Connecther sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 71st percentile within TX. Charities of a similar size with the same main cause include Bright Horizons Foundation for Children ($394k), Clarence Schock Scholarship & Fellowship Charitable Trust I ($394k) and Sanctuary Golf Club Foundation Inc ($394k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $75k (22% of expenses). At year end it held assets of $227k against liabilities of $12k, net assets of $215k. It reported 1 employees.