Cyberspace Innovation Center Incoporated

Analysis

Cyberspace Innovation Center Incoporated is a registered charity in United States, based in Bossier City, LA. It received its IRS tax-exemption ruling in March 2008, 18 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 December 2023, Cyberspace Innovation Center Incoporated reported income of $27.2m and spending of $25.0m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $13.4m to $27.2m (+102%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 42%. Over the whole period it spent 137% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Cyberspace Innovation Center Incoporated sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within LA. Charities of a similar size with the same main cause include Mobridge Regional Hospital ($27.2m), St Marys Hospital Inc ($27.2m) and Springfield Medical Care Systems Inc ($27.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. Other salaries and wages came to $1.2m. At year end it held assets of $18.0m against liabilities of $862k, net assets of $17.2m. It reported 56 employees.