Community Testing Foundation

Analysis

Community Testing Foundation is a registered charity in United States, based in Spring Branch, TX. It received its IRS tax-exemption ruling in August 2022, 4 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 December 2023, Community Testing Foundation reported income of $679k and spending of $3.0m, spending 436% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $942k to $679k (-28%), an average of -28% a year. The sharpest change came in the year to December 2023, when income dropped by 28%. Over the whole period it spent 289% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Community Testing Foundation sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 79th percentile within TX. Charities of a similar size with the same main cause include Michigan Childrens Law Center Inc ($679k), Tenino Community Service Center ($679k) and Just Projects International ($678k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 79% of the total. At year end it held assets of $5.9m against liabilities of $2,000, net assets of $5.9m.