Tampa Connect Group Inc

Analysis

Tampa Connect Group Inc is a registered charity in United States, based in Temple Terr, FL. It received its IRS tax-exemption ruling in May 2017, 9 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, Tampa Connect Group Inc reported income of $371k and spending of $453k, spending 122% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $352k to $371k (+5.5%), an average of +1.3% a year. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Tampa Connect Group Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 68th percentile within FL. Charities of a similar size with the same main cause include Love for Humanity ($371k), Revive Ministries Inc ($371k) and Henderson County Senior Citizens Inc ($371k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $369k. At year end it held assets of $45k against liabilities of $0, net assets of $45k. It reported 46 employees.