Communities in Schools of Cape Fear Inc

Analysis

Communities in Schools of Cape Fear Inc is a registered charity in United States, based in Wilmington, NC. It received its IRS tax-exemption ruling in May 2006, 20 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2024, Communities in Schools of Cape Fear Inc reported income of $5.9m and spending of $5.0m, spending 85% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.7m to $5.9m (+250%), an average of +37% a year. The sharpest change came in the year to June 2022, when income rose by 104%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Communities in Schools of Cape Fear Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within NC. Charities of a similar size with the same main cause include The Elwyn Foundation ($5.9m), Edinburg Child Care Inc ($5.9m) and Texarkana Special Education Center Inc ($5.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $109k (2.2% of expenses). Other salaries and wages came to $3.5m. At year end it held assets of $3.9m against liabilities of $168k, net assets of $3.8m. It reported 126 employees.