Community Connections Foundation Inc

Analysis

Community Connections Foundation Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in September 2007, 19 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Community Connections Foundation Inc reported income of $166k and spending of $213k, spending 128% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $150k to $166k (+10%), an average of +2.5% a year. The sharpest change came in the year to December 2021, when income rose by 3308%. Over the whole period it spent 88% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Community Connections Foundation Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 54th percentile within MA. Charities of a similar size with the same main cause include Friends of Foe 691 Fund Inc ($166k), Nashville Area Junior Chamber Charities Inc ($166k) and Blytheville United Way ($166k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 111% of the total. At year end it held assets of $114k against liabilities of $0, net assets of $114k.