Advancing Connections

Analysis

Advancing Connections is a registered charity in United States, based in Fountaintown, IN. It received its IRS tax-exemption ruling in April 2018, 8 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 February 2024, Advancing Connections reported income of $130k and spending of $173k, spending 133% of what it took in. Across the 2 years on record, from February 2023 to February 2024, income grew from $100k to $130k (+30%), an average of +30% a year. The sharpest change came in the year to February 2024, when income rose by 30%. Over the whole period it spent 121% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Advancing Connections sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 42nd percentile within IN. Charities of a similar size with the same main cause include Mobile County Training School High School Alumni Association ($130k), Sherando High School Band Booster Association Inc ($130k) and Richard E Byrd Home and School Association ($130k).

On its Form 990-EZ for the period ending February 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $64k against liabilities of $0, net assets of $64k.