Community Based Education Support Services-Friends of Connections

Analysis

Community Based Education Support Services-Friends of Connections is a registered charity in United States, based in Hilo, HI. It received its IRS tax-exemption ruling in February 2002, 24 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 June 2023, Community Based Education Support Services-Friends of Connections reported income of $503k and spending of $512k, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $393k to $503k (+28%), an average of +6.4% a year. The sharpest change came in the year to June 2022, when income rose by 36%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Community Based Education Support Services-Friends of Connections sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 69th percentile within HI. Charities of a similar size with the same main cause include Father Vincent Capodanno High School ($503k), North Smithfield Public Library ($503k) and Fairfax Library Foundation Inc ($503k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $3.7m against liabilities of $1.3m, net assets of $2.3m.