The Community School Inc

Analysis

The Community School Inc is a registered charity in United States, based in Teaneck, NJ. It received its IRS tax-exemption ruling in November 1967, 59 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, The Community School Inc reported income of $13.1m and spending of $13.6m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $14.2m to $13.1m (-7.3%), an average of -1.9% a year. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Community School Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within NJ. Charities of a similar size with the same main cause include Brooklyn Dreams Charter School ($13.1m), Vistamar School ($13.1m) and Success School ($13.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.4% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $679k (5.0% of expenses). Other salaries and wages came to $8.1m. At year end it held assets of $16.0m against liabilities of $11.0m, net assets of $5.0m. It reported 141 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.