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Making the Right Connections Inc

RegisteredEIN 95-4426850Los Angeles, CAEducation and training
Income$338k2023-08
Spending$315ksame year
Spent / received110%3-year average
Size in its cause63rd pctEducation and training
Exempt since1993Publicly supported organisat
Employees1latest return

Analysis

Making the Right Connections Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in November 1993, 33 years ago. Its declared purposes cover education, which this site groups under education and training. 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 August 2023, Making the Right Connections Inc reported income of $338k and spending of $315k, spending 93% of its income. Across the 3 years on record, from August 2019 to August 2023, income grew from $212k to $338k (+60%), an average of +26% a year. The sharpest change came in the year to August 2023, when income rose by 123%. Over the whole period it spent 110% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Making the Right Connections Inc sits at the 63rd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within CA. Charities of a similar size with the same main cause include Abc Cares Foundation Inc ($338k), Dr Martin Luther King Parade Foundation Inc ($338k) and Help US Grow Foundation Inc ($338k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 54% of the total. Compensation of current officers, directors and key employees was $21k (6.7% of expenses). At year end it held assets of $59k against liabilities of $1,005, net assets of $58k. It reported 1 employees.

Income and spending

$0$84k$169k$253k$338k2019 Income: $211,6252019 Spending: $202,08820192022 Income: $151,6392022 Spending: $250,34120222023 Income: $337,8482023 Spending: $314,9442023
IncomeSpending

Where the income comes from

  • Contributions & grants 54%
  • Other 46%

Similar-sized charities, same cause

CharityLocationIncome
Abc Cares Foundation IncCoconut Creek$338k
Dr Martin Luther King Parade Foundation IncTampa$338k
Help US Grow Foundation IncLouisville$338k
Parkway Alumni AssociationChesterfield$338k