Connect Community

Analysis

Connect Community is a registered charity in United States, based in Lumberton, NC. It received its IRS tax-exemption ruling in June 2021, 5 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 Community reported income of $185k and spending of $153k, spending 82% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $213k to $185k (-13%), an average of -13% a year. Over the whole period it spent 58% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Connect Community sits at the 47th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within NC. Charities of a similar size with the same main cause include Bhutanese Community Organization of Minnesota-Bcom- ($185k), Grower-Shipper Association Foundation ($186k) and MTZ Charitable Organization Inc ($185k).

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 $284k against liabilities of $1,309, net assets of $283k.