Comunidad

Analysis

Comunidad is a registered charity in United States, based in Falls Church, VA. It received its IRS tax-exemption ruling in December 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Comunidad reported income of $424k and spending of $329k, leaving 23% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $210k to $424k (+102%), an average of +42% a year. The sharpest change came in the year to December 2022, when income rose by 59%. Over the whole period it spent 74% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Comunidad sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 67th percentile within VA. Charities of a similar size with the same main cause include Troon Country Club Scholarshipfoundation ($424k), Norman Public School Foundation ($424k) and Cuventures Inc ($424k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $89k (27% of expenses). Other salaries and wages came to $108k. At year end it held assets of $339k against liabilities of $4,728, net assets of $334k.