Communities in Schools of Central Texas

Analysis

Communities in Schools of Central Texas is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in August 1985, 41 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 August 2023, Communities in Schools of Central Texas reported income of $21.4m and spending of $17.6m, spending 82% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $11.4m to $21.4m (+87%), an average of +17% a year. The sharpest change came in the year to August 2022, when income rose by 59%. Over the whole period it spent 77% 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 Central Texas sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within TX. Charities of a similar size with the same main cause include Communities in Schools of San Antonio ($21.4m), Golden Rule Schools Inc ($21.4m) and Dohn Community High School ($21.4m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 76% and program service revenue 22% of the total. Compensation of current officers, directors and key employees was $689k (3.9% of expenses). Other salaries and wages came to $11.6m. It paid $144k in professional fundraising fees. At year end it held assets of $29.0m against liabilities of $773k, net assets of $28.2m. It reported 342 employees.