Connextions

Analysis

Connextions is a registered charity in United States, based in Sherman Oaks, CA. It received its IRS tax-exemption ruling in August 2022, 4 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 December 2023, Connextions reported income of $274k and spending of $270k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $132k to $274k (+108%), an average of +108% a year. The sharpest change came in the year to December 2023, when income rose by 108%. Over the whole period it spent 99% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Connextions sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 62nd percentile within CA. Charities of a similar size with the same main cause include Refuge Armona ($274k), Boyertown Area Midget Baseball League Inc ($274k) and Sudbury Youth Basketball ($273k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $3,707 against liabilities of $0, net assets of $3,707.