Community Technical Assistance Inc

Analysis

Community Technical Assistance Inc is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in April 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Community Technical Assistance Inc reported income of $2.7m and spending of $1.6m, leaving 41% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $370k to $2.7m (+640%), an average of +172% a year. The sharpest change came in the year to December 2022, when income rose by 215%. Over the whole period it spent 66% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Community Technical Assistance Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within NC. Charities of a similar size with the same main cause include Philadelphia Academy of School Leaders ($2.7m), Calista Education and Culture Inc ($2.7m) and San Francisco Electrical Industry Apprenticeship and Training Trust ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $77k (4.8% of expenses). Other salaries and wages came to $569k. At year end it held assets of $1.9m against liabilities of $51k, net assets of $1.8m. It reported 170 employees.