Connecting Generations Inc

Analysis

Connecting Generations Inc is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in July 1990, 36 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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 June 2023, Connecting Generations Inc reported income of $622k and spending of $497k, leaving 20% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $547k to $622k (+14%), an average of +3.3% a year. The sharpest change came in the year to June 2021, when income rose by 54%. Over the whole period it spent 83% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Connecting Generations Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 68th percentile within DE. Charities of a similar size with the same main cause include Youth Opportunities Unlimited Inc ($621k), Los Alamos Juvenile Justice ($623k) and Fayette County Junior Livestock Show Foundation Inc ($620k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 1.1% of the total. Compensation of current officers, directors and key employees was $85k (17% of expenses). Other salaries and wages came to $211k. At year end it held assets of $666k against liabilities of $19k, net assets of $647k.