Connections Mentor Inc

Analysis

Connections Mentor Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 2020, 6 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 June 2024, Connections Mentor Inc reported income of $459k and spending of $440k, spending 96% of its income. Across the 3 years on record, from June 2022 to June 2024, income fell from $919k to $459k (-50%), an average of -29% a year. The sharpest change came in the year to June 2023, when income dropped by 52%. Over the whole period it spent 63% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Connections Mentor Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 65th percentile within NY. Charities of a similar size with the same main cause include Friends of Camp Kon-O-Kwee Spencer ($459k), Save Girls on Fyer ($459k) and Westfield Athletic Boosters Club Inc ($459k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 82% of the total. Other salaries and wages came to $266k. At year end it held assets of $818k against liabilities of $85k, net assets of $733k. It reported 5 employees.