C B Community Schools

Analysis

C B Community Schools is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in September 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, C B Community Schools reported income of $1.5m and spending of $2.0m, spending 132% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $2.1m to $1.5m (-28%), an average of -10% a year. The sharpest change came in the year to June 2023, when income dropped by 26%. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, C B Community Schools sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within PA. Charities of a similar size with the same main cause include McRae Learning Center Inc ($1.5m), Bethany Hill Place ($1.5m) and Brightways Learning ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% and program service revenue 7.6% of the total. Compensation of current officers, directors and key employees was $87k (4.4% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $550k against liabilities of $164k, net assets of $386k. It reported 27 employees.