Konos Connection

Analysis

Konos Connection is a registered charity in United States, based in Fayetteville, GA. It received its IRS tax-exemption ruling in December 1993, 33 years ago. Its declared purposes cover unknown, which this site groups under other charitable 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 July 2024, Konos Connection reported income of $3.1m and spending of $2.2m, leaving 30% of income unspent that year. Across the 6 years on record, from July 2019 to July 2024, income grew from $1.6m to $3.1m (+97%), an average of +14% a year. The sharpest change came in the year to July 2023, when income rose by 31%. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Konos Connection sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 91st percentile within GA. Charities of a similar size with the same main cause include Domestic Violence Intervention Prog ($3.1m), Mesilla Valley Christian Schools Inc ($3.1m) and Boys Club of Seymour Inc ($3.1m).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 7.8% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $154k (7.0% of expenses). Other salaries and wages came to $1.2m. It paid $3,000 in professional fundraising fees. At year end it held assets of $4.5m against liabilities of $744k, net assets of $3.7m. It reported 64 employees.