Communities in Shools of Montgomery County

Analysis

Communities in Shools of Montgomery County is a registered charity in United States, based in Biscoe, NC. It received its IRS tax-exemption ruling in February 2007, 19 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 Shools of Montgomery County reported income of $578k and spending of $567k, spending 98% of its income. Across the 4 years on record, from June 2021 to June 2024, income grew from $392k to $578k (+47%), an average of +14% a year. The sharpest change came in the year to June 2023, when income rose by 212%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Communities in Shools of Montgomery County sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within NC. Charities of a similar size with the same main cause include Friends of Millville Public Charter School Inc ($578k), Alliance of Early Childhood Professionals ($578k) and Village Nursery School Inc ($578k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 91% of the total. At year end it held assets of $687k against liabilities of $319k, net assets of $368k.