Communties Supporting Schools of Wayne County Inc

Analysis

Communties Supporting Schools of Wayne County Inc is a registered charity in United States, based in Goldsboro, NC. It received its IRS tax-exemption ruling in January 1994, 32 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Communties Supporting Schools of Wayne County Inc reported income of $636k and spending of $552k, spending 87% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $386k to $636k (+65%), an average of +13% a year. The sharpest change came in the year to June 2024, when income rose by 29%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Communties Supporting Schools of Wayne County Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within NC. Charities of a similar size with the same main cause include American Friends of Noam Eliezer Inc ($636k), Destiny Christian Academy ($637k) and Virginia Literacy Foundation ($636k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $65k (12% of expenses). Other salaries and wages came to $283k. At year end it held assets of $229k against liabilities of $7,220, net assets of $222k. It reported 15 employees.