Connected to Connect Inc

Analysis

Connected to Connect Inc is a registered charity in United States, based in Dumfries, VA. It received its IRS tax-exemption ruling in August 2005, 21 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Connected to Connect Inc reported income of $511k and spending of $479k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $393k to $511k (+30%), an average of +6.7% a year. The sharpest change came in the year to December 2022, when income rose by 104%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Connected to Connect Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 70th percentile within VA. Charities of a similar size with the same main cause include Healing Hearts & Families ($511k), Denney House Inc ($511k) and Corecivic Foundation ($511k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 83% of the total. Other salaries and wages came to $349k. At year end it held assets of $117k against liabilities of $0, net assets of $117k.