Communities in Schools of Cleveland County Inc

Analysis

Communities in Schools of Cleveland County Inc is a registered charity in United States, based in Shelby, NC. It received its IRS tax-exemption ruling in September 1992, 34 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 Cleveland County Inc reported income of $460k and spending of $467k, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $709k to $460k (-35%), an average of -10% a year. The sharpest change came in the year to June 2021, when income dropped by 25%. Over the whole period it spent 93% 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 Cleveland County Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 68th percentile within NC. Charities of a similar size with the same main cause include Kingwood Park High School All Sports Booster Club Inc ($460k), The Open School ($460k) and Toledo Scholarship and Academic Achievement Recognition ($459k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $58k (12% of expenses). Other salaries and wages came to $263k. At year end it held assets of $299k against liabilities of $26k, net assets of $273k. It reported 16 employees.