First Connections for Early Success

Analysis

First Connections for Early Success is a registered charity in United States, based in Hopewell, VA. It received its IRS tax-exemption ruling in October 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. 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, First Connections for Early Success reported income of $527k and spending of $448k, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $262k to $527k (+101%), an average of +19% a year. The sharpest change came in the year to June 2021, when income rose by 416%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, First Connections for Early Success sits at the 69th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within VA. Charities of a similar size with the same main cause include Stockbridge Library Association ($527k), Cumberland Charter School Network ($527k) and Heartwood Nature Programs Foundation ($527k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% and program service revenue 8.6% of the total. Other salaries and wages came to $58k. At year end it held assets of $230k against liabilities of $8,262, net assets of $221k.