Form Communities Inc

Analysis

Form Communities Inc is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in March 2003, 23 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Form Communities Inc reported income of $3.5m and spending of $3.5m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $3.5m (+244%), an average of +36% a year. The sharpest change came in the year to December 2022, when income rose by 48%. Over the whole period it spent 108% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Form Communities Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 92nd percentile within TX. Charities of a similar size with the same main cause include Easter Seals Central Ca ($3.5m), Headstrong Foundation ($3.5m) and Northern California Childrens Therapy Center ($3.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 4.9% of the total. Compensation of current officers, directors and key employees was $152k (4.4% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $867k against liabilities of $811k, net assets of $56k. It reported 60 employees.