Linus Connection Inc

Analysis

Linus Connection Inc is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in January 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, Linus Connection Inc reported income of $132k and spending of $94k, leaving 29% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $100k to $132k (+32%), an average of +32% a year. The sharpest change came in the year to December 2023, when income rose by 32%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Linus Connection Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 47th percentile within TX. Charities of a similar size with the same main cause include Israel Connect Inc ($132k), Apostolic Full Gospel Ministry ($132k) and Michigan Transition Services Assoc ($132k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $67k against liabilities of $2,177, net assets of $65k.