Connectree

Analysis

Connectree is a registered charity in United States, based in Apple Valley, CA. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic 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, Connectree reported income of $269k and spending of $249k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $258k to $269k (+4.6%), an average of +4.6% a year. Over the whole period it spent 88% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Connectree sits at the 57th percentile: it is larger than about 57% 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 Bristol Neighborhood Development Corp ($269k), Marin Economic Forum ($269k) and Renewing Homes of Greater Augusta ($269k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $101k (41% of expenses). At year end it held assets of $98k against liabilities of $0, net assets of $98k. It reported 2 employees.