Ci Foundation Inc

Analysis

Ci Foundation Inc is a registered charity in United States, based in Palmetto Bay, FL. It received its IRS tax-exemption ruling in October 2011, 15 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, Ci Foundation Inc reported income of $323k and spending of $349k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $754k to $323k (-57%), an average of -19% a year. The sharpest change came in the year to December 2023, when income rose by 208%. Over the whole period it spent 141% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ci Foundation Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 66th percentile within FL. Charities of a similar size with the same main cause include World Outreach Services ($323k), Emite Inc ($323k) and National Parents Organization Inc ($323k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $5,212 against liabilities of $525k, net assets of -$520k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.