Communities in Schools of South Carolina

Analysis

Communities in Schools of South Carolina is a registered charity in United States, based in N Charleston, SC. It received its IRS tax-exemption ruling in February 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 South Carolina reported income of $4.6m and spending of $4.5m, spending 98% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.2m to $4.6m (+276%), an average of +56% a year. The sharpest change came in the year to June 2021, when income rose by 208%. Over the whole period it spent 72% 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 South Carolina sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 94th percentile within SC. Charities of a similar size with the same main cause include New American Leaders Inc ($4.6m), Sahan Journal ($4.6m) and Southland Academy Inc ($4.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 74% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $271k (6.0% of expenses). Other salaries and wages came to $2.8m. At year end it held assets of $5.8m against liabilities of $136k, net assets of $5.7m. It reported 85 employees.