Communities in Schools of Lexington Inc

Analysis

Communities in Schools of Lexington Inc is a registered charity in United States, based in Lexington, NC. It received its IRS tax-exemption ruling in October 1997, 29 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 2024, Communities in Schools of Lexington Inc reported income of $172k and spending of $168k, spending 98% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $204k to $172k (-16%), an average of -4.3% a year. The sharpest change came in the year to June 2024, when income rose by 82%. Over the whole period it spent 106% 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 Lexington Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within NC. Charities of a similar size with the same main cause include Hpumc Day School Parents Association ($172k), Zworks ($172k) and Edu Prize Parent Teacher Organization ($172k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 90% of the total. Other salaries and wages came to $120k. At year end it held assets of $38k against liabilities of $27k, net assets of $11k.