Communities in Schools of Kalamazoo

Analysis

Communities in Schools of Kalamazoo is a registered charity in United States, based in Kalamazoo, MI. It received its IRS tax-exemption ruling in August 1991, 35 years ago. 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 Kalamazoo reported income of $4.0m and spending of $5.7m, spending 142% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $3.2m to $4.0m (+25%), an average of +4.5% a year. The sharpest change came in the year to June 2021, when income rose by 296%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Communities in Schools of Kalamazoo sits at the 91st percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within MI. Charities of a similar size with the same main cause include Northland Early Education Center ($4.0m), Climate Solutions ($4.0m) and U S a Shooting ($4.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $136k (2.4% of expenses). Other salaries and wages came to $3.6m. At year end it held assets of $9.0m against liabilities of $589k, net assets of $8.4m. It reported 168 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.