Connect Ability

Analysis

Connect Ability is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in December 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Connect Ability reported income of $58k and spending of $70k, spending 120% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $668k to $58k (-91%), an average of -70% a year. The sharpest change came in the year to December 2023, when income dropped by 74%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Connect Ability sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 24th percentile within TX. Charities of a similar size with the same main cause include Lindsay Family Foundation Inc ($58k), Hope Street Ministries Inc ($58k) and Emergency Shelter Network of Faith-Based and Community Organiza ($58k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 6.9% of the total. Other salaries and wages came to $15k. At year end it held assets of $89k against liabilities of $99k, net assets of -$9,533.