Communities in Schools of Greater Central Texas Incorporated

Analysis

Communities in Schools of Greater Central Texas Incorporated is a registered charity in United States, based in Killeen, TX. It received its IRS tax-exemption ruling in December 1992, 34 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 Greater Central Texas Incorporated reported income of $3.8m and spending of $3.7m, spending 98% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $2.7m to $3.8m (+39%), an average of +8.6% a year. The sharpest change came in the year to August 2020, when income rose by 28%. Over the whole period it spent 94% 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 Greater Central Texas Incorporated sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 93rd percentile within TX. Charities of a similar size with the same main cause include Utah Arts Academy ($3.8m), Excalibur Charter School Inc ($3.8m) and Army War College Foundation Incorporated ($3.8m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 64% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $75k (2.0% of expenses). Other salaries and wages came to $3.0m. At year end it held assets of $2.2m against liabilities of $72k, net assets of $2.1m. It reported 99 employees.