School Connect

Analysis

School Connect is a registered charity in United States, based in Glendale, AZ. It received its IRS tax-exemption ruling in October 2018, 8 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic 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, School Connect reported income of $400k and spending of $476k, spending 119% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $475k to $400k (-16%), an average of -5.6% a year. The sharpest change came in the year to December 2022, when income rose by 85%. Over the whole period it spent 98% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, School Connect sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 64th percentile within AZ. Charities of a similar size with the same main cause include Friends of the Finland Community ($400k), Trend Community Development Corporation ($400k) and Rural Transit Service Inc ($400k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $36k (7.6% of expenses). Other salaries and wages came to $170k. At year end it held assets of $184k against liabilities of $111k, net assets of $73k. It reported 4 employees.