Communities in Schools of Galveston County Inc

Analysis

Communities in Schools of Galveston County Inc is a registered charity in United States, based in Texas City, TX. It received its IRS tax-exemption ruling in February 1992, 34 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 Galveston County Inc reported income of $1.4m and spending of $1.3m, spending 90% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $579k to $1.4m (+146%), an average of +25% a year. The sharpest change came in the year to August 2020, when income rose by 57%. Over the whole period it spent 96% 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 Galveston County Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 87th percentile within TX. Charities of a similar size with the same main cause include Bremer County Fair Association ($1.4m), St Mark Methodist Church Housing Foundation Inc ($1.4m) and Pennsylvania State Association of County Fairs ($1.4m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $125k (9.7% of expenses). Other salaries and wages came to $907k. At year end it held assets of $291k against liabilities of $34k, net assets of $257k. It reported 40 employees.