Donorconnect

Analysis

Donorconnect is a registered charity in United States, based in Murray, UT. It received its IRS tax-exemption ruling in May 1988, 38 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Donorconnect reported income of $51.8m and spending of $48.8m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $26.0m to $51.8m (+99%), an average of +19% a year. The sharpest change came in the year to June 2023, when income rose by 34%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Donorconnect sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within UT. Charities of a similar size with the same main cause include Unity Medical Center Inc ($51.7m), Care Plus NJ Inc ($51.8m) and Ben Archer Health Center ($51.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.8% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $3.3m (6.7% of expenses). Other salaries and wages came to $7.8m. At year end it held assets of $28.9m against liabilities of $9.8m, net assets of $19.1m. It reported 166 employees.