Early Childhood Connections

Analysis

Early Childhood Connections is a registered charity in United States, based in Rapid City, SD. It received its IRS tax-exemption ruling in June 1996, 30 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Early Childhood Connections reported income of $2.0m and spending of $1.7m, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $2.0m (+94%), an average of +18% a year. The sharpest change came in the year to December 2022, when income rose by 32%. Over the whole period it spent 85% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Early Childhood Connections sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within SD. Charities of a similar size with the same main cause include Wisconsin Humanities Council ($2.0m), Boise Art Museum Incorporated ($2.0m) and Metro Theater Company ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 3.4% of the total. Compensation of current officers, directors and key employees was $90k (5.3% of expenses). Other salaries and wages came to $495k. At year end it held assets of $1.6m against liabilities of $69k, net assets of $1.5m. It reported 20 employees.