The Community of Concern Inc

Analysis

The Community of Concern Inc is a registered charity in United States, based in Carroll, IA. It received its IRS tax-exemption ruling in July 1981, 45 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 December 2023, The Community of Concern Inc reported income of $139k and spending of $70k, leaving 49% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $119k to $139k (+17%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 17%. Over the whole period it spent 56% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Community of Concern Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 45th percentile within IA. Charities of a similar size with the same main cause include Foster and Adoptive Families of Larimer County ($139k), PTA California Congress of Parents Teachers & Students Inc ($139k) and Clapp Memorial Library Inc ($139k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 13% of the total. At year end it held assets of $126k against liabilities of $0, net assets of $126k.