Community Specialized Services Inc

Analysis

Community Specialized Services Inc is a registered charity in United States, based in Concord, NC. It received its IRS tax-exemption ruling in June 2003, 23 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Community Specialized Services Inc reported income of $2.5m and spending of $1.9m, leaving 24% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.4m to $2.5m (+79%), an average of +16% a year. The sharpest change came in the year to June 2023, when income rose by 32%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Community Specialized Services Inc 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 88th percentile, and in the 89th percentile within NC. Charities of a similar size with the same main cause include Mary Beth Nienhaus Activity Center Inc ($2.5m), Vista Rise Collective ($2.5m) and Wow In-Sync ($2.5m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $425k. At year end it held assets of $2.5m against liabilities of $95k, net assets of $2.4m. It reported 6 employees.