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Communities Together Inc

RegisteredEIN 81-4614744Bethesda, MDPoverty relief
Income$1.7m2023-12
Spending$1.0msame year
Spent / received75%5-year average
Size in its cause81st pctPoverty relief
Exempt since2017Publicly supported organisat
Employees13latest return

Analysis

Communities Together Inc is a registered charity in United States, based in Bethesda, MD. It received its IRS tax-exemption ruling in September 2017, 9 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Communities Together Inc reported income of $1.7m and spending of $1.0m, leaving 41% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $455k to $1.7m (+270%), an average of +39% a year. The sharpest change came in the year to December 2023, when income rose by 77%. Over the whole period it spent 75% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Communities Together 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 84th percentile, and in the 83rd percentile within MD. Charities of a similar size with the same main cause include Hand Up Ministries ($1.7m), The Foundation of Laguna Woods Village ($1.7m) and Greater Enrichment Program Inc ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 44% and program service revenue 56% of the total. Other salaries and wages came to $486k. At year end it held assets of $1.3m against liabilities of $68k, net assets of $1.3m. It reported 13 employees.

Income and spending

$0$422k$844k$1.3m$1.7m2019 Income: $455,4372019 Spending: $457,87620192020 Income: $663,0892020 Spending: $367,42520202021 Income: $614,8712021 Spending: $607,93820212022 Income: $953,5182022 Spending: $842,66820222023 Income: $1,687,0612023 Spending: $1,002,9942023
IncomeSpending

Where the income comes from

  • Contributions & grants 44%
  • Program services 56%
  • Other 0.7%

Similar-sized charities, same cause

CharityLocationIncome
Hand Up MinistriesOklahoma City$1.7m
The Foundation of Laguna Woods VillageLaguna Woods$1.7m
Greater Enrichment Program IncCharlotte$1.7m
Heartland Equine Therapeutic Riding Academy IncGretna$1.7m