Connected Communities Inc

Analysis

Connected Communities Inc is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in March 2016, 10 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Connected Communities Inc reported income of $901k and spending of $1.0m, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $931k to $901k (-3.2%), an average of -0.8% a year. The sharpest change came in the year to December 2021, when income rose by 131%. Over the whole period it spent 90% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Connected Communities Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 74th percentile within NY. Charities of a similar size with the same main cause include Democratizing Philanthropy Project ($900k), Lake County Jatc ($902k) and Madison Northside Planning Council Inc ($900k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 0.9% of the total. Compensation of current officers, directors and key employees was $148k (14% of expenses). Other salaries and wages came to $400k. At year end it held assets of $1.1m against liabilities of $198k, net assets of $915k. It reported 15 employees.