Communities in Schools of Greaterwichita Falls

Analysis

Communities in Schools of Greaterwichita Falls is a registered charity in United States, based in Wichita Falls, TX. It received its IRS tax-exemption ruling in September 2007, 19 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 August 2023, Communities in Schools of Greaterwichita Falls reported income of $707k and spending of $694k, spending 98% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $427k to $707k (+66%), an average of +13% a year. The sharpest change came in the year to August 2020, when income rose by 51%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Communities in Schools of Greaterwichita Falls sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 79th percentile within TX. Charities of a similar size with the same main cause include St Mary Catholic Central Endowment Fund ($707k), National Association of Flight Instructors ($707k) and Providence Christian Academy Inc ($707k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $71k (10% of expenses). Other salaries and wages came to $412k. At year end it held assets of $507k against liabilities of $4,612, net assets of $503k. It reported 16 employees.