Ald Connect Inc

Analysis

Ald Connect Inc is a registered charity in United States, based in Middleton, MA. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Ald Connect Inc reported income of $413k and spending of $307k, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $480k to $413k (-14%), an average of -3.7% a year. The sharpest change came in the year to December 2021, when income rose by 36%. Over the whole period it spent 61% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Ald Connect Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 68th percentile within MA. Charities of a similar size with the same main cause include Leander House Inc ($413k), Thrive for Change ($413k) and Human Services Inc ($413k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.0m against liabilities of $15k, net assets of $1.0m. It reported 1 employees.