Communities United Inc
Analysis
Communities United Inc is a registered charity in United States, based in Lexington, MA. It received its IRS tax-exemption ruling in July 1970, 56 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 January 2024, Communities United Inc reported income of $5.8m and spending of $5.7m, spending 98% of its income. Across the 4 years on record, from January 2020 to January 2024, income grew from $5.0m to $5.8m (+17%), an average of +5.4% a year. Over the whole period it spent 99% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Communities United Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 92nd percentile within MA. Charities of a similar size with the same main cause include Texas Center for Child and Family Studies ($5.8m), Coastal Harvest ($5.8m) and Ohio Living Foundation ($5.8m).
On its Form 990 for the period ending January 2024, revenue came from contributions and grants 1.8% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $122k (2.1% of expenses). Other salaries and wages came to $2.9m. At year end it held assets of $3.8m against liabilities of $3.4m, net assets of $469k. It reported 79 employees.
Income and spending
Where the income comes from
- Contributions & grants 1.8%
- Program services 98%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Texas Center for Child and Family Studies | Austin | $5.8m |
| Coastal Harvest | Hoquiam | $5.8m |
| Ohio Living Foundation | Westerville | $5.8m |
| Family Counseling Service of Aurora | Aurora | $5.8m |