Community Multi Services Inc

Analysis

Community Multi Services Inc is a registered charity in United States, based in Silver Spring, MD. It received its IRS tax-exemption ruling in June 1987, 39 years ago. 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 September 2023, Community Multi Services Inc reported income of $15.4m and spending of $14.9m, spending 96% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $15.6m to $15.4m (-1.2%), an average of -0.3% a year. The sharpest change came in the year to September 2020, when income rose by 18%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Community Multi Services Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within MD. Charities of a similar size with the same main cause include Guidance Care Center Inc ($15.4m), Riverview Lutheran Retirement Community of Spokane ($15.4m) and Yeshiva of North Jersey ($15.4m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $9.0m. At year end it held assets of $5.8m against liabilities of $2.6m, net assets of $3.3m. It reported 229 employees.