Reconnections Education Center

Analysis

Reconnections Education Center is a registered charity in United States, based in Odessa, FL. It received its IRS tax-exemption ruling in August 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Reconnections Education Center reported income of $774k and spending of $766k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $58k to $774k (+1239%), an average of +91% a year. The sharpest change came in the year to December 2020, when income rose by 280%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Reconnections Education Center sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 78th percentile within FL. Charities of a similar size with the same main cause include Sheet Metal Workers Joint Apprentice & Training Committee of ($774k), Edina Basketball Association ($774k) and Skill Will Inc ($773k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.8% and program service revenue 93% of the total. Other salaries and wages came to $434k. At year end it held assets of $90k against liabilities of $3,117, net assets of $86k. It reported 24 employees.