Cityunite

Analysis

Cityunite is a registered charity in United States, based in Westminster, CO. It received its IRS tax-exemption ruling in December 2010, 16 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Cityunite reported income of $257k and spending of $313k, spending 122% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $228k to $257k (+13%), an average of +3.1% a year. The sharpest change came in the year to December 2022, when income dropped by 25%. Over the whole period it spent 94% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Cityunite sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 56th percentile within CO. Charities of a similar size with the same main cause include Ywam Cornerstone ($257k), Liberty Vision of Hope Restoration Center ($257k) and Gods Store House of Giles County ($257k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $100k (32% of expenses). Other salaries and wages came to $27k. At year end it held assets of $143k against liabilities of $10k, net assets of $133k. It reported 2 employees.