Community Action Programs Inter-City Inc

Analysis

Community Action Programs Inter-City Inc is a registered charity in United States, based in Chelsea, MA. It received its IRS tax-exemption ruling in April 1967, 59 years ago. 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 Programs Inter-City Inc reported income of $16.7m and spending of $16.3m, spending 98% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $11.4m to $16.7m (+47%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 27%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Community Action Programs Inter-City Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within MA. Charities of a similar size with the same main cause include Wright Institute ($16.7m), Sagamore Inc ($16.8m) and International Myeloma Foundation ($16.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 1.3% of the total. Compensation of current officers, directors and key employees was $309k (1.9% of expenses). Other salaries and wages came to $4.4m. At year end it held assets of $5.0m against liabilities of $2.6m, net assets of $2.4m. It reported 125 employees.