The Citizens Foundation USA

Analysis

The Citizens Foundation USA is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in May 2003, 23 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, The Citizens Foundation USA reported income of $18.3m and spending of $18.0m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $11.1m to $18.3m (+65%), an average of +13% a year. The sharpest change came in the year to December 2020, when income rose by 36%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Citizens Foundation USA sits at the 97th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within TX. Charities of a similar size with the same main cause include Marc Lustgarten Pancreatic Cancer Foundation ($18.3m), Northwest Senior Resources Incorporated ($18.3m) and Project Bread - the Walk for Hunger Inc ($18.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $352k (2.0% of expenses). Other salaries and wages came to $690k. At year end it held assets of $7.2m against liabilities of $136k, net assets of $7.1m. It reported 14 employees.