C I S Development Foundation Inc

Analysis

C I S Development Foundation Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 1995, 31 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 May 2023, C I S Development Foundation Inc reported income of $75.0m and spending of $77.5m, spending 103% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $48.4m to $75.0m (+55%), an average of +12% a year. The sharpest change came in the year to May 2021, when income rose by 79%. Over the whole period it spent 100% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, C I S Development Foundation Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within NY. Charities of a similar size with the same main cause include Cnfa ($73.1m), Pro Mujer Inc ($75.1m) and Relief International Inc ($72.5m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $241k (0.3% of expenses). At year end it held assets of $6.9m against liabilities of $114k, net assets of $6.8m. It reported 2 employees.