Equipment Connections for Children Inc

Analysis

Equipment Connections for Children Inc is a registered charity in United States, based in Columbia, MD. It received its IRS tax-exemption ruling in February 2010, 16 years ago. Its declared purposes cover human services, 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 July 2024, Equipment Connections for Children Inc reported income of $1.3m and spending of $1.2m, spending 93% of its income. Across the 5 years on record, from July 2020 to July 2024, income grew from $844k to $1.3m (+48%), an average of +10% a year. The sharpest change came in the year to July 2024, when income rose by 40%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Equipment Connections for Children Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within MD. Charities of a similar size with the same main cause include Fostering Hope Foundation ($1.3m), Mad Dads ($1.3m) and Remarkable Marriage and Family Institute ($1.3m).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $89k (7.6% of expenses). At year end it held assets of $151k against liabilities of $4,295, net assets of $146k. It reported 2 employees.