Community Works

Analysis

Community Works is a registered charity in United States, based in Greenville, SC. It received its IRS tax-exemption ruling in September 2008, 18 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 Works reported income of $3.2m and spending of $2.8m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.7m to $3.2m (-14%), an average of -3.8% a year. The sharpest change came in the year to December 2020, when income rose by 119%. Over the whole period it spent 56% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Community Works sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 92nd percentile within SC. Charities of a similar size with the same main cause include CCHNC South Lake Towers Inc ($3.2m), Boston Road Housing Development Fund Co Inc ($3.2m) and Hospitality House of Northwest North Carolina ($3.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 41% of the total. Compensation of current officers, directors and key employees was $131k (4.7% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $29.6m against liabilities of $14.5m, net assets of $15.1m. It reported 31 employees.