Krabbe Connect

Analysis

Krabbe Connect is a registered charity in United States, based in Rosemount, MN. It received its IRS tax-exemption ruling in February 2018, 8 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Krabbe Connect reported income of $295k and spending of $192k, leaving 35% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $134k to $295k (+120%), an average of +22% a year. The sharpest change came in the year to December 2021, when income rose by 48%. Over the whole period it spent 59% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Krabbe Connect sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within MN. Charities of a similar size with the same main cause include Street Medicine Institute ($295k), Broadway House ($295k) and Texas Association of City and County Health Officials ($295k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% of the total. At year end it held assets of $378k against liabilities of $1,447, net assets of $377k.