Grahamtastic Connection

Analysis

Grahamtastic Connection is a registered charity in United States, based in Springvale, ME. It received its IRS tax-exemption ruling in September 2003, 23 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, Grahamtastic Connection reported income of $201k and spending of $210k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $219k to $201k (-8.3%), an average of -2.1% a year. The sharpest change came in the year to December 2021, when income rose by 55%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Grahamtastic Connection sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 47th percentile within ME. Charities of a similar size with the same main cause include Association of Domestic Violence Outreach Stores Inc ($201k), Greater Salem Caregivers ($201k) and Earnest Shepherd Memorial Youth Center Inc ($201k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $58k (28% of expenses). Other salaries and wages came to $25k. At year end it held assets of $299k against liabilities of $4,521, net assets of $295k. It reported 2 employees.