Connection Inc

Analysis

Connection Inc is a registered charity in United States, based in PRNC Frederck, MD. It received its IRS tax-exemption ruling in February 2018, 8 years ago. Its declared purposes cover public and societal benefit, 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 December 2023, Connection Inc reported income of $359k and spending of $186k, leaving 48% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $95k to $359k (+278%), an average of +278% a year. The sharpest change came in the year to December 2023, when income rose by 278%. Over the whole period it spent 63% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Connection Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within MD. Charities of a similar size with the same main cause include Pop Warner Little Scholars Inc ($359k), Hope Enterprises Foundation Inc ($359k) and Municipal Band of Charlottesville Inc ($359k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 67% of the total. Other salaries and wages came to $76k. It paid $6,186 in professional fundraising fees. At year end it held assets of $241k against liabilities of $7,982, net assets of $233k. It reported 4 employees.