Successful Connections Inc

Analysis

Successful Connections Inc is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in February 2001, 25 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, Successful Connections Inc reported income of $306k and spending of $495k, spending 162% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $576k to $306k (-47%), an average of -12% a year. The sharpest change came in the year to December 2019, when income dropped by 41%. Over the whole period it spent 118% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Successful Connections Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 66th percentile within TX. Charities of a similar size with the same main cause include Oxford Senior Center Inc ($306k), Prestwick Community Outreach Inc ($306k) and Community Thrift Shop Inc ($306k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 0.7% of the total. Compensation of current officers, directors and key employees was $81k (16% of expenses). Other salaries and wages came to $102k. At year end it held assets of $917k against liabilities of $31k, net assets of $886k. It reported 7 employees.