Community Inroads Inc

Analysis

Community Inroads Inc is a registered charity in United States, based in North Andover, MA. It received its IRS tax-exemption ruling in October 2006, 20 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 Inroads Inc reported income of $296k and spending of $176k, leaving 41% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $214k to $296k (+39%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 86%. Over the whole period it spent 76% 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 Inroads Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within MA. Charities of a similar size with the same main cause include United Way of Northern Cameron Co ($296k), Greater Edgar County Community Foundation Inc ($297k) and Copperleaf Charitable Foundation Inc ($296k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $75k (43% of expenses). Other salaries and wages came to $72k. At year end it held assets of $362k against liabilities of $0, net assets of $362k. It reported 3 employees.