Citylit Project Inc

Analysis

Citylit Project Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in February 2006, 20 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Citylit Project Inc reported income of $171k and spending of $150k, spending 88% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $170k to $171k (+0.8%), an average of +0.8% a year. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Citylit Project Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 50th percentile within MD. Charities of a similar size with the same main cause include South Richmond Rotary Club Service Foundation ($171k), United States Ombudsman Association ($171k) and Eagle Forum of Alabama Education Fund ($171k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $78k. At year end it held assets of $0 against liabilities of $0, net assets of $0. It reported 1 employees.