Connectmyvariant

Analysis

Connectmyvariant is a registered charity in United States, based in Shoreline, WA. It received its IRS tax-exemption ruling in January 2023, 3 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 (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, Connectmyvariant reported income of $135k and spending of $127k, spending 94% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $6,775 to $135k (+1897%), an average of +1897% a year. The sharpest change came in the year to June 2024, when income rose by 1897%. Over the whole period it spent 90% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Connectmyvariant sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 41st percentile within WA. Charities of a similar size with the same main cause include Claras House Inc ($135k), Lyriks Institution ($135k) and Kaelys Kindness Foundation ($135k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $15k against liabilities of $0, net assets of $15k.