Keeping Konnected Inc

Analysis

Keeping Konnected Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in June 2018, 8 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 2022, Keeping Konnected Inc reported income of $926k and spending of $882k, spending 95% of its income. Across the 3 years on record, from December 2020 to December 2022, income grew from $83k to $926k (+1012%), an average of +233% a year. The sharpest change came in the year to December 2021, when income rose by 279%. Over the whole period it spent 92% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Keeping Konnected Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within CA. Charities of a similar size with the same main cause include Walker-Montgomery Community Development Corporation ($926k), Builders Development Corporation ($926k) and Efficient Government Public Service Inc ($925k).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 100% of the total. Other salaries and wages came to $122k. At year end it held assets of $106k against liabilities of $0, net assets of $106k.