Communication Institute for Online Scholarship Inc

Analysis

Communication Institute for Online Scholarship Inc is a registered charity in United States, based in Rotterdam JCT, NY. It received its IRS tax-exemption ruling in February 1991, 35 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Communication Institute for Online Scholarship Inc reported income of $115k and spending of $156k, spending 135% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $148k to $115k (-22%), an average of -6.1% a year. The sharpest change came in the year to December 2023, when income dropped by 24%. Over the whole period it spent 130% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Communication Institute for Online Scholarship Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 39th percentile within NY. Charities of a similar size with the same main cause include Virginia Congress of Parents and Teachers ($115k), Brookline High School PTO ($115k) and Haiti Scholars Inc ($115k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 87% of the total. Other salaries and wages came to $80k. At year end it held assets of $773k against liabilities of $13k, net assets of $760k. It reported 16 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.