National Center for Civic Innovation Inc

Analysis

National Center for Civic Innovation Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in October 2002, 24 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 September 2023, National Center for Civic Innovation Inc reported income of $41.7m and spending of $30.3m, leaving 27% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $13.5m to $41.7m (+209%), an average of +32% a year. The sharpest change came in the year to September 2022, when income rose by 197%. Over the whole period it spent 77% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, National Center for Civic Innovation Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within NY. Charities of a similar size with the same main cause include Motivation Education and Training ($41.7m), Connecticut Institute for Communities Inc ($41.9m) and Goodwill Industries of the Southern Rivers Inc ($41.5m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 81% and program service revenue 17% of the total. At year end it held assets of $63.3m against liabilities of $18.8m, net assets of $44.5m.