Community First School Inc

Analysis

Community First School Inc is a registered charity in United States, based in Hartford, CT. It received its IRS tax-exemption ruling in July 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Community First School Inc reported income of $472k and spending of $415k, spending 88% of its income. Across the 3 years on record, from June 2021 to June 2023, income grew from $258k to $472k (+83%), an average of +35% a year. The sharpest change came in the year to June 2023, when income rose by 45%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Community First School Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 67th percentile within CT. Charities of a similar size with the same main cause include Middle Tennessee Home Education Association ($472k), Bangor Area Recovery Network Inc ($472k) and The Pioneer School Inc ($472k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 2.7% of the total. Compensation of current officers, directors and key employees was $80k (19% of expenses). Other salaries and wages came to $113k. It paid $32k in professional fundraising fees. At year end it held assets of $123k against liabilities of $0, net assets of $123k. It reported 8 employees.