Homeschool Connections

Analysis

Homeschool Connections is a registered charity in United States, based in Bothell, WA. It received its IRS tax-exemption ruling in August 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. 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 May 2023, Homeschool Connections reported income of $740k and spending of $697k, spending 94% of its income. Across the 4 years on record, from May 2020 to May 2023, income grew from $381k to $740k (+94%), an average of +25% a year. The sharpest change came in the year to May 2021, when income rose by 49%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Homeschool Connections sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 75th percentile within WA. Charities of a similar size with the same main cause include Guild Giving Foundation ($740k), Little Archies Clubhouse Daycare Center Inc ($740k) and LCS Support Corporation ($740k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 1.2% and program service revenue 99% of the total. At year end it held assets of $290k against liabilities of $0, net assets of $290k.