Designconnect

Analysis

Designconnect is a registered charity in United States, based in Birmingham, MI. It received its IRS tax-exemption ruling in June 2018, 8 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 December 2023, Designconnect reported income of $111k and spending of $75k, leaving 32% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $49k to $111k (+128%), an average of +128% a year. The sharpest change came in the year to December 2023, when income rose by 128%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Designconnect sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within MI. Charities of a similar size with the same main cause include Center for Public Policy Studies ($111k), Center of Persian Language Preservation Corp ($111k) and Republic of Letters ($111k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $105k against liabilities of $2,823, net assets of $102k.