Communities in Schools of Tennessee
Analysis
Communities in Schools of Tennessee is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in April 2013, 13 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 2024, Communities in Schools of Tennessee reported income of $3.5m and spending of $4.5m, spending 132% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.7m to $3.5m (+99%), an average of +15% a year. The sharpest change came in the year to June 2020, when income rose by 278%. Over the whole period it spent 85% 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 Tennessee sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within TN. Charities of a similar size with the same main cause include George W Donaghey Foundation ($3.5m), We the People - Mi ($3.5m) and Committee on Capital Markets Regulation Inc ($3.5m).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 54% and program service revenue 31% of the total. Compensation of current officers, directors and key employees was $149k (3.3% of expenses). Other salaries and wages came to $3.0m. At year end it held assets of $4.7m against liabilities of $77k, net assets of $4.6m. It reported 61 employees.
Income and spending
Where the income comes from
- Contributions & grants 54%
- Program services 31%
- Other 14%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| George W Donaghey Foundation | Little Rock | $3.5m |
| We the People - Mi | Detroit | $3.5m |
| Committee on Capital Markets Regulation Inc | Cambridge | $3.5m |
| Lincoln Christian School Foundation | Lincoln | $3.5m |