Slc6a1 Connect

Analysis

Slc6a1 Connect is a registered charity in United States, based in Frisco, TX. It received its IRS tax-exemption ruling in October 2018, 8 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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, Slc6a1 Connect reported income of $677k and spending of $1.3m, spending 187% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.1m to $677k (-67%), an average of -24% a year. The sharpest change came in the year to December 2020, when income dropped by 61%. Over the whole period it spent 64% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Slc6a1 Connect sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 79th percentile within TX. Charities of a similar size with the same main cause include Perfectly Loved Inc ($677k), Pregnancy Choices of Skagit County ($677k) and Mrsi Management Inc ($676k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 8.8% of the total. Compensation of current officers, directors and key employees was $100k (7.9% of expenses). At year end it held assets of $2.3m against liabilities of $218k, net assets of $2.1m. It reported 1 employees.