Communities in Schools of North Carolina Inc

Analysis

Communities in Schools of North Carolina Inc is a registered charity in United States, based in Durham, NC. It received its IRS tax-exemption ruling in March 1991, 35 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 North Carolina Inc reported income of $5.9m and spending of $6.8m, spending 117% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.6m to $5.9m (+27%), an average of +6.2% a year. The sharpest change came in the year to June 2022, when income rose by 54%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Communities in Schools of North Carolina Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within NC. Charities of a similar size with the same main cause include Flipany Inc ($5.9m), Association for Guidance Aid Placement & Empathy ($5.9m) and Community Action Partnership of North Dakota Inc ($5.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 77% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $315k (4.6% of expenses). Other salaries and wages came to $2.5m. At year end it held assets of $7.1m against liabilities of $2.1m, net assets of $5.0m. It reported 81 employees.