Conexian Americas

Analysis

Conexian Americas is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in December 1997, 29 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 June 2023, Conexian Americas reported income of $2.5m and spending of $2.8m, spending 114% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $4.7m to $2.5m (-48%), an average of -15% a year. The sharpest change came in the year to June 2021, when income rose by 67%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Conexian Americas sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within TN. Charities of a similar size with the same main cause include Job Point ($2.5m), Orcas Recycling Services ($2.5m) and Southwest Magic Food Program ($2.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 0.6% of the total. Compensation of current officers, directors and key employees was $243k (8.7% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $10.3m against liabilities of $1.8m, net assets of $8.5m. It reported 40 employees.