Courage Connection

Analysis

Courage Connection is a registered charity in United States, based in Urbana, IL. It received its IRS tax-exemption ruling in June 1996, 30 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, Courage Connection reported income of $2.7m and spending of $2.4m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.5m to $2.7m (+7.6%), an average of +1.9% a year. The sharpest change came in the year to June 2023, when income rose by 27%. Over the whole period it spent 93% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Courage Connection sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within IL. Charities of a similar size with the same main cause include Habitat for Humanity Fresno Inc ($2.7m), Cedarbrook Village Incorporated ($2.7m) and Spotswood Reformed Church Senior Citizens Housing Corp ($2.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.6% of the total. Compensation of current officers, directors and key employees was $118k (4.9% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $3.1m against liabilities of $683k, net assets of $2.4m. It reported 36 employees.