Independent Connection Inc

Analysis

Independent Connection Inc is a registered charity in United States, based in Salina, KS. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2024, Independent Connection Inc reported income of $413k and spending of $396k, spending 96% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $326k to $413k (+26%), an average of +6.0% a year. The sharpest change came in the year to June 2024, when income rose by 17%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Independent Connection Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 68th percentile within KS. Charities of a similar size with the same main cause include Berkshire Food Project Inc ($413k), Crisis Center of Dodge City Inc ($413k) and Nestlings ($413k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 96% and program service revenue 4.4% of the total. Compensation of current officers, directors and key employees was $90k (23% of expenses). Other salaries and wages came to $157k. At year end it held assets of $620k against liabilities of $509k, net assets of $111k. It reported 9 employees.