City Neighbors Foundation Inc

Analysis

City Neighbors Foundation Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in August 2013, 13 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, City Neighbors Foundation Inc reported income of $1.5m and spending of $475k, leaving 68% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $322k to $1.5m (+361%), an average of +46% a year. The sharpest change came in the year to June 2021, when income rose by 191%. Over the whole period it spent 59% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, City Neighbors Foundation Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within MD. Charities of a similar size with the same main cause include Lincoln Foundation ($1.5m), Scottsdale Country Day School ($1.5m) and National Football League Alumni Inc ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 80% and program service revenue 20% of the total. Other salaries and wages came to $238k. At year end it held assets of $1.5m against liabilities of $100k, net assets of $1.4m.