Communities in Schools of Hampton Roads

Analysis

Communities in Schools of Hampton Roads is a registered charity in United States, based in Portsmouth, VA. It received its IRS tax-exemption ruling in September 2008, 18 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 June 2024, Communities in Schools of Hampton Roads reported income of $2.8m and spending of $2.4m, spending 84% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $917k to $2.8m (+210%), an average of +33% a year. The sharpest change came in the year to June 2022, when income rose by 82%. Over the whole period it spent 73% 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 Hampton Roads sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within VA. Charities of a similar size with the same main cause include Akwesasne Boys & Girls Club St Regis Mohawk Tribe ($2.8m), Stuart Hall School Foundation ($2.8m) and Whitefield Academy Association ($2.8m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 91% of the total. Compensation of current officers, directors and key employees was $122k (5.1% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $3.0m against liabilities of $72k, net assets of $2.9m. It reported 53 employees.