Communities in Schools of Richmond Inc

Analysis

Communities in Schools of Richmond Inc is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in May 1996, 30 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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, Communities in Schools of Richmond Inc reported income of $5.7m and spending of $4.5m, leaving 21% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $3.4m to $5.7m (+66%), an average of +13% a year. The sharpest change came in the year to June 2021, when income rose by 42%. Over the whole period it spent 84% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Communities in Schools of Richmond Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within VA. Charities of a similar size with the same main cause include Virginia Law Foundation ($5.7m), Youth Alliance ($5.7m) and Laurens Kids ($5.7m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $161k (3.6% of expenses). Other salaries and wages came to $3.2m. At year end it held assets of $5.7m against liabilities of $608k, net assets of $5.1m. It reported 80 employees.