Connections for the Homeless Inc

Analysis

Connections for the Homeless Inc is a registered charity in United States, based in Evanston, IL. It received its IRS tax-exemption ruling in April 1987, 39 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 2023, Connections for the Homeless Inc reported income of $16.9m and spending of $13.0m, leaving 23% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.8m to $16.9m (+253%), an average of +37% a year. The sharpest change came in the year to June 2021, when income rose by 96%. Over the whole period it spent 92% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Connections for the Homeless Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within IL. Charities of a similar size with the same main cause include Journey Found Inc ($16.9m), California Community Reinvestment Corporation ($17.0m) and Ho-Chunk Housing and Community Development Agency ($16.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $171k (1.3% of expenses). Other salaries and wages came to $4.9m. At year end it held assets of $11.3m against liabilities of $5.2m, net assets of $6.1m. It reported 113 employees.