Communities in Schools of Permian Basin Inc

Analysis

Communities in Schools of Permian Basin Inc is a registered charity in United States, based in Midland, TX. It received its IRS tax-exemption ruling in October 1999, 27 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 Permian Basin Inc reported income of $2.0m and spending of $2.2m, spending 110% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.4m to $2.0m (+40%), an average of +8.9% a year. The sharpest change came in the year to August 2021, when income rose by 26%. Over the whole period it spent 95% 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 Permian Basin Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 89th percentile within TX. Charities of a similar size with the same main cause include Holly Hill Academy Inc ($2.0m), International Honor Society of Nursing Foundation Inc ($2.0m) and Our Turn Inc ($2.0m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $90k (4.1% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $1.7m against liabilities of $73k, net assets of $1.6m. It reported 47 employees.