Connect Israel

Analysis

Connect Israel is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in April 2022, 4 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 2022, Connect Israel reported income of $187k and spending of $418k, spending 224% of what it took in. Across the 3 years on record, from December 2019 to December 2022, income fell from $204k to $187k (-8.2%), an average of -4.2% a year. The sharpest change came in the year to December 2022, when income dropped by 25%. Over the whole period it spent 141% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Connect Israel sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 54th percentile within CA. Charities of a similar size with the same main cause include Friends of Qalam School ($187k), Regale Episcoporum Inc ($187k) and Migros Aid Inc ($187k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of -$3,974 against liabilities of $373k, net assets of -$377k.