Connections Five Towns Inc

Analysis

Connections Five Towns Inc is a registered charity in United States, based in Cedarhurst, NY. It received its IRS tax-exemption ruling in February 2016, 10 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 Five Towns Inc reported income of $93k and spending of $91k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $77k to $93k (+20%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 92% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Connections Five Towns Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 35th percentile within NY. Charities of a similar size with the same main cause include Mision Evangelica Pentecostes Nueva Vida ($93k), Eatscripture ($93k) and Stones River Tres Dias ($93k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 67% of the total. At year end it held assets of $17k against liabilities of $831, net assets of $16k.