Principalsconnect

Analysis

Principalsconnect is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in June 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. 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 May 2024, Principalsconnect reported income of $156k and spending of $168k, spending 108% of what it took in. Across the 2 years on record, from May 2023 to May 2024, income grew from $136k to $156k (+14%), an average of +14% a year. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Principalsconnect sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 45th percentile within MO. Charities of a similar size with the same main cause include Peninsula Conservation Center Management Council ($156k), Northwest Suburban Conference ($156k) and Hubbard Free Library ($156k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $46k against liabilities of $0, net assets of $46k.