Communio Foundation

Analysis

Communio Foundation is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in April 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Communio Foundation reported income of $7.0m and spending of $5.7m, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.2m to $7.0m (+227%), an average of +34% a year. The sharpest change came in the year to December 2023, when income rose by 98%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Communio Foundation sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within VA. Charities of a similar size with the same main cause include Horizons of Okaloosa County Inc ($7.0m), Developmental Center of the Ozarks ($7.0m) and Volunteer Transportation Center Inc ($7.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 10% of the total. Compensation of current officers, directors and key employees was $880k (15% of expenses). Other salaries and wages came to $1.5m. It paid $45k in professional fundraising fees. At year end it held assets of $3.9m against liabilities of $483k, net assets of $3.4m. It reported 32 employees.