Communities in Schools of Brunswick County

Analysis

Communities in Schools of Brunswick County is a registered charity in United States, based in Southport, NC. It received its IRS tax-exemption ruling in February 1996, 30 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 Brunswick County reported income of $1.8m and spending of $1.4m, leaving 25% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $625k to $1.8m (+196%), an average of +44% a year. The sharpest change came in the year to June 2021, when income rose by 68%. Over the whole period it spent 85% 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 Brunswick County sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within NC. Charities of a similar size with the same main cause include New Life Community Ministries Inc ($1.8m), World Link Inc ($1.8m) and Austin Gifted ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $102k (7.4% of expenses). Other salaries and wages came to $846k. At year end it held assets of $1.5m against liabilities of $238k, net assets of $1.3m. It reported 67 employees.