Connectsafely Inc
Analysis
Connectsafely Inc is a registered charity in United States, based in Palo Alto, CA. It received its IRS tax-exemption ruling in October 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Connectsafely Inc reported income of $654k and spending of $601k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $450k to $654k (+45%), an average of +9.8% a year. The sharpest change came in the year to December 2022, when income rose by 128%. Over the whole period it spent 75% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Connectsafely Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within CA. Charities of a similar size with the same main cause include Missouri Veterans Endeavor ($654k), Tumaini Ministries ($654k) and Gateway Inc ($654k).
On its Form 990 for the period ending December 2023, revenue came from program service revenue 94% of the total. Compensation of current officers, directors and key employees was $338k (56% of expenses). At year end it held assets of $1.6m against liabilities of $735, net assets of $1.6m. It reported 2 employees.
Income and spending
Where the income comes from
- Program services 94%
- Other 6.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Missouri Veterans Endeavor | Saint Louis | $654k |
| Tumaini Ministries | Golden | $654k |
| Gateway Inc | Wetumpka | $654k |
| United Way of Greenbrier Valley Inc | Lewisburg | $654k |