Reserve Connection

Analysis

Reserve Connection is a registered charity in United States, based in San Juan Capo, CA. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Reserve Connection reported income of $561k and spending of $596k, spending 106% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $313k to $561k (+79%), an average of +22% a year. The sharpest change came in the year to December 2021, when income rose by 48%. Over the whole period it spent 90% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Reserve Connection sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within CA. Charities of a similar size with the same main cause include E B Dunn Historic Garden Trust ($561k), Princeton-In-Africa ($562k) and Big Brothers-Big Sisters Foundation of the Central Valley ($560k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 32% and program service revenue 67% of the total. Other salaries and wages came to $305k. At year end it held assets of $560k against liabilities of $5,000, net assets of $555k. It reported 8 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.