Community 2000 Education Foundation

Analysis

Community 2000 Education Foundation is a registered charity in United States, based in Charlestown, RI. It received its IRS tax-exemption ruling in July 2000, 26 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 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 December 2023, Community 2000 Education Foundation reported income of $228k and spending of $137k, leaving 40% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $292k to $228k (-22%), an average of -6.0% a year. The sharpest change came in the year to December 2021, when income rose by 44%. Over the whole period it spent 48% 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 2000 Education Foundation sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 53rd percentile within RI. Charities of a similar size with the same main cause include Harvey Phillips Foundation Inc ($228k), American Friends of the Father Bash Foundation Inc ($228k) and Frontier Health Foundation ($228k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% of the total. Other salaries and wages came to $21k. At year end it held assets of $2.6m against liabilities of $0, net assets of $2.6m.