Community Systems Inc

Analysis

Community Systems Inc is a registered charity in United States, based in Torrington, CT. It received its IRS tax-exemption ruling in April 1988, 38 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Community Systems Inc reported income of $24.7m and spending of $25.0m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $19.7m to $24.7m (+25%), an average of +5.8% 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, Community Systems Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within CT. Charities of a similar size with the same main cause include Admiral at the Lake ($24.7m), Mercy Retirement Care Center ($24.7m) and Urban League of Portland ($24.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.1% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $157k (0.6% of expenses). Other salaries and wages came to $13.0m. At year end it held assets of $13.3m against liabilities of $9.0m, net assets of $4.3m. It reported 428 employees.