Target Community & Educational Services Inc

Analysis

Target Community & Educational Services Inc is a registered charity in United States, based in Westminster, MD. It received its IRS tax-exemption ruling in September 1983, 43 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 June 2024, Target Community & Educational Services Inc reported income of $13.4m and spending of $12.6m, spending 94% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $7.9m to $13.4m (+70%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 38%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Target Community & Educational Services Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within MD. Charities of a similar size with the same main cause include Common Cause Education Fund ($13.4m), Food Bank of East Alabama Inc ($13.4m) and Sertoma Center Inc ($13.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 6.8% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $526k (4.2% of expenses). Other salaries and wages came to $8.7m. At year end it held assets of $12.6m against liabilities of $3.5m, net assets of $9.1m. It reported 311 employees.