Community-Word Project Inc

Analysis

Community-Word Project Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 2000, 26 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-Word Project Inc reported income of $1.7m and spending of $1.9m, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.9m to $1.7m (-6.4%), an average of -1.6% a year. The sharpest change came in the year to June 2021, when income rose by 24%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Community-Word Project Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 81st percentile within NY. Charities of a similar size with the same main cause include Trinitas Christian School Inc ($1.7m), Courtyard Private School ($1.7m) and Friends of Montessori Association ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 80% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $135k (7.2% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $1.6m against liabilities of $217k, net assets of $1.3m. It reported 71 employees.