Communities in Schools of the Coastal Bend

Analysis

Communities in Schools of the Coastal Bend is a registered charity in United States, based in Corp Christi, TX. It received its IRS tax-exemption ruling in January 1987, 39 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 the Coastal Bend reported income of $5.0m and spending of $5.0m, spending 99% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $3.6m to $5.0m (+41%), an average of +8.9% a year. The sharpest change came in the year to August 2021, when income rose by 38%. Over the whole period it spent 97% 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 the Coastal Bend 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 92nd percentile, and in the 94th percentile within TX. Charities of a similar size with the same main cause include Innovation Charter School Inc ($5.0m), Taf Rural Expansion Foundation ($5.0m) and Benchmark School Inc ($5.0m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 33% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $131k (2.6% of expenses). Other salaries and wages came to $2.6m. At year end it held assets of $2.1m against liabilities of $404k, net assets of $1.7m. It reported 108 employees.