Community First-Americas Charities

Analysis

Community First-Americas Charities is a registered charity in United States, based in Chantilly, VA. It received its IRS tax-exemption ruling in December 2008, 18 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Community First-Americas Charities reported income of $1.4m and spending of $1.4m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.8m to $1.4m (-21%), an average of -5.7% a year. Over the whole period it spent 99% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Community First-Americas Charities sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within VA. Charities of a similar size with the same main cause include American International School of Bamako Foundation ($1.4m), Springboard Social Enterprises ($1.4m) and Heart of Arkansas United Way ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 9.0% of the total. Compensation of current officers, directors and key employees was $10k (0.7% of expenses). Other salaries and wages came to $68k. At year end it held assets of $567k against liabilities of $463k, net assets of $103k.