Communities Connected for Kids Inc

Analysis

Communities Connected for Kids Inc is a registered charity in United States, based in Port St Lucie, FL. 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 2023, Communities Connected for Kids Inc reported income of $41.0m and spending of $40.9m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $31.3m to $41.0m (+31%), an average of +7.0% a year. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Communities Connected for Kids Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within FL. Charities of a similar size with the same main cause include Goodwill Industries of Santa Barbara and Ventura Counties ($41.0m), Partnerships in Community Living Inc ($41.0m) and The Community Hospice Inc ($41.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $406k (1.0% of expenses). Other salaries and wages came to $7.1m. At year end it held assets of $10.2m against liabilities of $8.5m, net assets of $1.7m. It reported 145 employees.