Community Information Trust

Analysis

Community Information Trust is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in January 2014, 12 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 December 2023, Community Information Trust reported income of $97.3m and spending of $2.7m, leaving 97% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $97.3m (+5593%), an average of +175% a year. The sharpest change came in the year to December 2022, when income rose by 1042%. Over the whole period it spent 9.7% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Community Information Trust sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within NE. Charities of a similar size with the same main cause include Andrews University ($97.1m), Gardner-Webb University ($97.3m) and University Impact ($97.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 107% of the total. Compensation of current officers, directors and key employees was $197k (7.2% of expenses). Other salaries and wages came to $568k. At year end it held assets of $141.3m against liabilities of $6.5m, net assets of $134.8m. It reported 26 employees.