Connect 2 Ministries

Analysis

Connect 2 Ministries is a registered charity in United States, based in Simi Valley, CA. It received its IRS tax-exemption ruling in April 2009, 17 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 June 2024, Connect 2 Ministries reported income of $535k and spending of $475k, spending 89% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $609k to $535k (-12%), an average of -3.2% a year. The sharpest change came in the year to June 2022, when income rose by 24%. Over the whole period it spent 91% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Connect 2 Ministries sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 73rd percentile within CA. Charities of a similar size with the same main cause include Aselsi USA ($535k), Calvary Chapel Magazine ($535k) and Love Coalition Ministries ($535k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $82k (17% of expenses). Other salaries and wages came to $75k. At year end it held assets of $387k against liabilities of $6,567, net assets of $381k. It reported 5 employees.