Communities in Schools of Wayne County Inc

Analysis

Communities in Schools of Wayne County Inc is a registered charity in United States, based in Richmond, IN. It received its IRS tax-exemption ruling in November 2001, 25 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 2023, Communities in Schools of Wayne County Inc reported income of $624k and spending of $621k, spending 100% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $675k to $624k (-7.5%), an average of -2.6% a year. The sharpest change came in the year to June 2021, when income rose by 18%. Over the whole period it spent 88% 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 Wayne County Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within IN. Charities of a similar size with the same main cause include Arrows Academy of South Carolina ($624k), New Dominion Christian Academy Inc ($624k) and Nicolas Fund for Education ($624k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 40% and program service revenue 57% of the total. Compensation of current officers, directors and key employees was $59k (9.5% of expenses). Other salaries and wages came to $444k. At year end it held assets of $736k against liabilities of $47k, net assets of $689k. It reported 30 employees.