Connections Homes Inc

Analysis

Connections Homes Inc is a registered charity in United States, based in Loganville, GA. It received its IRS tax-exemption ruling in September 2014, 12 years ago. 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, Connections Homes Inc reported income of $1.9m and spending of $2.0m, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $456k to $1.9m (+325%), an average of +44% a year. The sharpest change came in the year to December 2021, when income rose by 72%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Connections Homes Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 88th percentile within GA. Charities of a similar size with the same main cause include Idaho Falls Rescue Mission Inc ($1.9m), Childrens Center of Lexington Inc ($1.9m) and San Francisco Fleet Week Association ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $1.3m. At year end it held assets of $63k against liabilities of $33k, net assets of $29k. It reported 20 employees.