Citysprouts Inc

Analysis

Citysprouts Inc is a registered charity in United States, based in Cambridge, MA. It received its IRS tax-exemption ruling in January 2001, 25 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 August 2023, Citysprouts Inc reported income of $1.1m and spending of $1.0m, spending 92% of its income. Across the 4 years on record, from August 2020 to August 2023, income grew from $895k to $1.1m (+25%), an average of +7.8% a year. The sharpest change came in the year to August 2022, when income rose by 48%. Over the whole period it spent 85% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Citysprouts Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within MA. Charities of a similar size with the same main cause include Feiro Marine Life Center ($1.1m), Midwest Bikeshare Inc ($1.1m) and Minnesota Environmental Partnership ($1.1m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 59% and program service revenue 40% of the total. Compensation of current officers, directors and key employees was $122k (12% of expenses). Other salaries and wages came to $573k. At year end it held assets of $742k against liabilities of $23k, net assets of $718k. It reported 28 employees.