Connections Individual and Family Services Inc

Analysis

Connections Individual and Family Services Inc is a registered charity in United States, based in New Braunfels, TX. It received its IRS tax-exemption ruling in July 1981, 45 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 August 2023, Connections Individual and Family Services Inc reported income of $10.0m and spending of $5.2m, leaving 48% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $4.7m to $10.0m (+111%), an average of +21% a year. The sharpest change came in the year to August 2023, when income rose by 88%. Over the whole period it spent 79% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Connections Individual and Family Services Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within TX. Charities of a similar size with the same main cause include Helping Hand Home for Children ($10.0m), Hale Kipa Inc ($10.0m) and Nysarc Inc ($10.0m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $516k (10% of expenses). Other salaries and wages came to $2.8m. At year end it held assets of $7.8m against liabilities of $645k, net assets of $7.2m. It reported 105 employees.