Communities in Schools of Nova Inc

Analysis

Communities in Schools of Nova Inc is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 2022, Communities in Schools of Nova Inc reported income of $2.2m and spending of $1.1m, leaving 50% of income unspent that year. Across the 3 years on record, from June 2020 to June 2022, income grew from $1.3m to $2.2m (+76%), an average of +32% a year. The sharpest change came in the year to June 2022, when income rose by 94%. Over the whole period it spent 63% 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 Nova Inc 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 87th percentile, and in the 87th percentile within VA. Charities of a similar size with the same main cause include Project Kesher ($2.2m), Nist Child Care Association Inc ($2.2m) and National Church Residences at Home Inc ($2.2m).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $147k (13% of expenses). Other salaries and wages came to $683k. At year end it held assets of $2.0m against liabilities of $208k, net assets of $1.8m. It reported 2 employees.