Communities in Schools of Chatham County
Analysis
Communities in Schools of Chatham County is a registered charity in United States, based in Siler City, NC. It received its IRS tax-exemption ruling in September 1989, 37 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 Chatham County reported income of $604k and spending of $763k, spending 126% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $770k to $604k (-22%), an average of -7.8% a year. The sharpest change came in the year to June 2023, when income dropped by 21%. Over the whole period it spent 90% of the income it received.
Among 14,332 United States charities whose main cause is children and youth development and that reported income, Communities in Schools of Chatham County sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within NC. Charities of a similar size with the same main cause include Childrens Voice Chorus Inc ($604k), Young Mens Christian Association of Metropolitan Dallas Foundation ($604k) and Boys & Girls Clubs of Lincolnlancaster County ($603k).
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 $55k (7.2% of expenses). Other salaries and wages came to $494k. At year end it held assets of $791k against liabilities of $140k, net assets of $651k. It reported 16 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
- Other 0.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Childrens Voice Chorus Inc | Palmetto Bay | $604k |
| Young Mens Christian Association of Metropolitan Dallas Foundation | Coppell | $604k |
| Boys & Girls Clubs of Lincolnlancaster County | Lincoln | $603k |
| Cut Off Youth Center | Cut Off | $605k |