Amherst Community Connections

Analysis

Amherst Community Connections is a registered charity in United States, based in Amherst, MA. It received its IRS tax-exemption ruling in May 2014, 12 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 June 2023, Amherst Community Connections reported income of $688k and spending of $515k, leaving 25% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $296k to $688k (+133%), an average of +133% a year. The sharpest change came in the year to June 2023, when income rose by 133%. Over the whole period it spent 73% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Amherst Community Connections sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within MA. Charities of a similar size with the same main cause include Share the Warmth ($688k), Stoddard County Sheltered Workshop ($689k) and Fusion-Community Center of North Jersey ($688k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 1.7% of the total. Compensation of current officers, directors and key employees was $100k (19% of expenses). Other salaries and wages came to $106k. At year end it held assets of $374k against liabilities of $42k, net assets of $332k. It reported 7 employees.