Communities in Schools of South Central Texas Inc

Analysis

Communities in Schools of South Central Texas Inc is a registered charity in United States, based in New Braunfels, TX. It received its IRS tax-exemption ruling in December 1996, 30 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 South Central Texas Inc reported income of $6.0m and spending of $5.5m, spending 92% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $3.5m to $6.0m (+71%), an average of +14% a year. The sharpest change came in the year to August 2022, when income rose by 64%. Over the whole period it spent 83% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Communities in Schools of South Central Texas Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 95th percentile within TX. Charities of a similar size with the same main cause include Sharing Happiness Foundation ($6.0m), Ampac Tri-State CDC Inc ($6.0m) and Corporation to Develop Communities of Tampa Inc ($6.0m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 58% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $123k (2.2% of expenses). Other salaries and wages came to $4.3m. At year end it held assets of $5.1m against liabilities of $39k, net assets of $5.1m. It reported 97 employees.