C S B S Education Foundation

Analysis

C S B S Education Foundation is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in August 1984, 42 years ago. Its declared purposes cover public and societal benefit, 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 December 2023, C S B S Education Foundation reported income of $4.0m and spending of $4.1m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.4m to $4.0m (-8.7%), an average of -2.3% a year. The sharpest change came in the year to December 2023, when income rose by 38%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, C S B S Education Foundation sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 77th percentile within DC. Charities of a similar size with the same main cause include Walhalla Community Hospital Association ($4.0m), Wilmington Institute Free Library ($4.0m) and Community Action Agency of Northwest Alabama Inc ($4.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 56% of the total. Compensation of current officers, directors and key employees was $193k (4.7% of expenses). Other salaries and wages came to $689k. At year end it held assets of $4.0m against liabilities of $1.1m, net assets of $2.9m.