Connections Independence

Analysis

Connections Independence is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in April 2010, 16 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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 December 2023, Connections Independence reported income of $1.6m and spending of $1.5m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $547k to $1.6m (+186%), an average of +30% a year. The sharpest change came in the year to December 2021, when income rose by 101%. Over the whole period it spent 96% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Connections Independence sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within MN. Charities of a similar size with the same main cause include World Youth Clubs Inc ($1.6m), Ok Program of Oakland ($1.6m) and Boys & Girls Club of Greater Derry Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 44% of the total. Compensation of current officers, directors and key employees was $86k (5.7% of expenses). Other salaries and wages came to $516k. At year end it held assets of $614k against liabilities of $90k, net assets of $525k. It reported 14 employees.