Connections for Independent Living

Analysis

Connections for Independent Living is a registered charity in United States, based in Greeley, CO. It received its IRS tax-exemption ruling in August 1986, 40 years ago. 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 September 2023, Connections for Independent Living reported income of $1.3m and spending of $1.3m, spending 100% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $918k to $1.3m (+45%), an average of +9.8% a year. The sharpest change came in the year to September 2020, when income rose by 39%. Over the whole period it spent 115% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Connections for Independent Living sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within CO. Charities of a similar size with the same main cause include United Way of Lea County Inc ($1.3m), Breathe California of the Bay Area Golden Gate and Central Coast ($1.3m) and C Bar N Mission Board ($1.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 75% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $94k (7.0% of expenses). Other salaries and wages came to $682k. At year end it held assets of $742k against liabilities of $96k, net assets of $646k. It reported 20 employees.