Community Service Foundation

Analysis

Community Service Foundation is a registered charity in United States, based in Clearwater, FL. It received its IRS tax-exemption ruling in December 1959, 67 years ago. 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 September 2022, Community Service Foundation reported income of $3.3m and spending of $2.4m, leaving 27% of income unspent that year. Across the 3 years on record, from September 2020 to September 2022, income grew from $1.7m to $3.3m (+98%), an average of +41% a year. The sharpest change came in the year to September 2022, when income rose by 50%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Community Service Foundation 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 90th percentile, and in the 91st percentile within FL. Charities of a similar size with the same main cause include Jordan Health Systems Inc ($3.3m), Music USA Festivals Inc ($3.3m) and Community Alternatives for People with Autism ($3.3m).

On its Form 990 for the period ending September 2022, revenue came from contributions and grants 2.4% and program service revenue 62% of the total. Compensation of current officers, directors and key employees was $86k (3.6% of expenses). Other salaries and wages came to $188k. At year end it held assets of $10.8m against liabilities of $7.9m, net assets of $2.8m. It reported 9 employees.