Keeping Families Connected Inc

Analysis

Keeping Families Connected Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in April 2003, 23 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 December 2023, Keeping Families Connected Inc reported income of $217k and spending of $198k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $121k to $217k (+80%), an average of +80% a year. The sharpest change came in the year to December 2023, when income rose by 80%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Keeping Families Connected Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 55th percentile within IN. Charities of a similar size with the same main cause include Stride Ahead Inc ($217k), Acorn Farmers Market and Cafe Inc ($217k) and Friends for Wishes ($217k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 1.1% of the total. Compensation of current officers, directors and key employees was $34k (17% of expenses). Other salaries and wages came to $73k. At year end it held assets of $181k against liabilities of $39k, net assets of $142k.