Citizens for Citizens Inc

Analysis

Citizens for Citizens Inc is a registered charity in United States, based in Fall River, MA. It received its IRS tax-exemption ruling in June 1966, 60 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, Citizens for Citizens Inc reported income of $41.3m and spending of $40.6m, spending 98% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $30.1m to $41.3m (+37%), an average of +8.2% a year. The sharpest change came in the year to September 2022, when income rose by 48%. Over the whole period it spent 97% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Citizens for Citizens 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 MA. Charities of a similar size with the same main cause include Madison Street Properties Inc ($40.8m), Goodwill Industries of the Southern Rivers Inc ($41.5m) and Friends of Seattle Waterfront ($40.7m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 99% and program service revenue 1.2% of the total. Compensation of current officers, directors and key employees was $505k (1.2% of expenses). Other salaries and wages came to $10.0m. At year end it held assets of $15.1m against liabilities of $4.3m, net assets of $10.9m. It reported 337 employees.