Comoconnects

Analysis

Comoconnects is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in February 1996, 30 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Comoconnects reported income of $174k and spending of $182k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $168k to $174k (+3.8%), an average of +3.8% a year. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Comoconnects sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 49th percentile within MN. Charities of a similar size with the same main cause include Greene Care Clinic Inc ($174k), Marthas Ranch Foundation ($174k) and Living Amends ($174k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $56k (31% of expenses). Other salaries and wages came to $52k. At year end it held assets of $131k against liabilities of $2,888, net assets of $128k. It reported 7 employees.