Children First Communities in Schools of Buncombe County Inc

Analysis

Children First Communities in Schools of Buncombe County Inc is a registered charity in United States, based in Asheville, NC. It received its IRS tax-exemption ruling in May 1977, 49 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 June 2023, Children First Communities in Schools of Buncombe County Inc reported income of $992k and spending of $1.5m, spending 153% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.2m to $992k (-20%), an average of -5.4% a year. The sharpest change came in the year to June 2022, when income rose by 62%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Children First Communities in Schools of Buncombe County Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within NC. Charities of a similar size with the same main cause include Ella Austin Community Center ($992k), Forest View Volunteer Rescue Squad Inc ($992k) and Red River Council on the Aging Inc ($992k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% and program service revenue 3.7% of the total. Compensation of current officers, directors and key employees was $82k (5.4% of expenses). Other salaries and wages came to $980k. At year end it held assets of $1.1m against liabilities of $102k, net assets of $1.0m. It reported 45 employees.