City Improvement Association

Analysis

City Improvement Association is a registered charity in United States, based in Charles City, IA. It received its IRS tax-exemption ruling in June 1952, 74 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, City Improvement Association reported income of $98k and spending of $46k, leaving 53% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $58k to $98k (+70%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 138%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, City Improvement Association sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 35th percentile within IA. Charities of a similar size with the same main cause include Northwestern Community College Foundation Regional Advisory Counc ($98k), National Institute of Governmental Purchasing Inc ($98k) and Mision Internacional LA Tierra Prometida ($98k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% of the total. At year end it held assets of $813k against liabilities of $0, net assets of $813k.