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Connected-Conectando Educacion

RegisteredEIN 46-3546942Santa Cruz, CAGrant-making and general purposes
Income$239k2023-12
Spending$435ksame year
Spent / received166%5-year average
Size in its cause61st pctGrant-making and general purposes
Exempt since2014Publicly supported organisat
Employees2latest return

Analysis

Connected-Conectando Educacion is a registered charity in United States, based in Santa Cruz, 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 (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, Connected-Conectando Educacion reported income of $239k and spending of $435k, spending 182% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $49k to $239k (+388%), an average of +49% a year. The sharpest change came in the year to December 2021, when income rose by 694%. Over the whole period it spent 166% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Connected-Conectando Educacion 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 57th percentile, and in the 60th percentile within CA. Charities of a similar size with the same main cause include Scawca ($239k), MDS Foundation Inc ($239k) and Women of the Vine & Spirits Foundation Ltd ($239k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% of the total. Compensation of current officers, directors and key employees was $122k (28% of expenses). At year end it held assets of $560k against liabilities of $6,188, net assets of $554k. It reported 2 employees.

Income and spending

$0$109k$217k$326k$435k2019 Income: $49,0572019 Spending: $188,19120192020 Income: $44,5302020 Spending: $183,47420202021 Income: $353,4512021 Spending: $237,59620212022 Income: $159,4252022 Spending: $364,64220222023 Income: $239,2962023 Spending: $434,6832023
IncomeSpending

Where the income comes from

  • Contributions & grants 79%
  • Other 21%

Similar-sized charities, same cause

CharityLocationIncome
ScawcaLA Vista$239k
MDS Foundation IncSouthborough$239k
Women of the Vine & Spirits Foundation LtdTappan$239k
Matanuska Electric Association Charitable FoundationPalmer$239k