Refugeeconnect

Analysis

Refugeeconnect is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in April 2019, 7 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 June 2023, Refugeeconnect reported income of $271k and spending of $287k, spending 106% of what it took in. Across the 6 years on record, from December 2018 to June 2023, income grew from $264k to $271k (+2.5%), an average of +0.5% a year. The sharpest change came in the year to December 2020, when income rose by 73%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Refugeeconnect sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within OH. Charities of a similar size with the same main cause include All Aboard of America I ($271k), Pottstown Beacon of Hope ($271k) and Confluence Ministries ($271k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 1.0% of the total. Other salaries and wages came to $181k. At year end it held assets of $126k against liabilities of $20k, net assets of $105k.