Classroom 2 Community Inc

Analysis

Classroom 2 Community Inc is a registered charity in United States, based in Rockville, MD. It received its IRS tax-exemption ruling in December 1968, 58 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 June 2023, Classroom 2 Community Inc reported income of $1.7m and spending of $1.7m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.0m to $1.7m (+64%), an average of +13% a year. The sharpest change came in the year to June 2022, when income rose by 23%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Classroom 2 Community Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 83rd percentile within MD. Charities of a similar size with the same main cause include Private Academic Library Network of Indiana Inc ($1.7m), Hunter College Auxiliary Enterprises Corporation ($1.7m) and Foothills Community Christian School Inc ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% and program service revenue 7.9% of the total. Compensation of current officers, directors and key employees was $105k (6.0% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $710k against liabilities of $107k, net assets of $603k. It reported 60 employees.