Communities in Schools of High Point Inc

Analysis

Communities in Schools of High Point Inc is a registered charity in United States, based in High Point, NC. It received its IRS tax-exemption ruling in October 1988, 38 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2023, Communities in Schools of High Point Inc reported income of $549k and spending of $595k, spending 108% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $560k to $549k (-1.9%), an average of -0.5% a year. The sharpest change came in the year to June 2021, when income rose by 39%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Communities in Schools of High Point Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 71st percentile within NC. Charities of a similar size with the same main cause include Stacks and Joules Inc ($549k), Gruver Farm Scholarship Foundation ($549k) and Africa Nazarene University Foundation ($549k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 51% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $96k (16% of expenses). Other salaries and wages came to $61k. At year end it held assets of $542k against liabilities of $29k, net assets of $513k. It reported 5 employees.