Community Action of Laramie County

Analysis

Community Action of Laramie County is a registered charity in United States, based in Cheyenne, WY. It received its IRS tax-exemption ruling in November 1966, 60 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 June 2023, Community Action of Laramie County reported income of $2.8m and spending of $2.8m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $5.1m to $2.8m (-44%), an average of -14% a year. The sharpest change came in the year to June 2021, when income dropped by 32%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Community Action of Laramie County sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 93rd percentile within WY. Charities of a similar size with the same main cause include Young Mens Christian Association of Norwich ($2.8m), Crescent Cove ($2.8m) and Funders Together to End Homelessnes S Inc ($2.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% and program service revenue 6.6% of the total. Compensation of current officers, directors and key employees was $205k (7.3% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $1.7m against liabilities of $531k, net assets of $1.2m. It reported 31 employees.