Community Resource Connection Inc

Analysis

Community Resource Connection Inc is a registered charity in United States, based in Bemidji, MN. It received its IRS tax-exemption ruling in January 1995, 31 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Community Resource Connection Inc reported income of $462k and spending of $427k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $359k to $462k (+29%), an average of +6.5% a year. Over the whole period it spent 97% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Community Resource Connection Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 68th percentile within MN. Charities of a similar size with the same main cause include Flatbush Ave District Management Association ($462k), Obodo Collective ($462k) and Labor and Employment Relations Association ($462k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 1.2% of the total. Compensation of current officers, directors and key employees was $73k (17% of expenses). Other salaries and wages came to $226k. At year end it held assets of $393k against liabilities of $182k, net assets of $211k. It reported 8 employees.