Community Investments Foundation

Analysis

Community Investments Foundation is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in August 2012, 14 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Community Investments Foundation reported income of $19.0m and spending of $25.5m, spending 135% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $25.4m to $19.0m (-25%), an average of -7.0% a year. The sharpest change came in the year to December 2021, when income dropped by 22%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Community Investments Foundation sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within NC. Charities of a similar size with the same main cause include Presbyterian Villages of Michigan ($19.0m), Building Equity Initiative Inc ($19.0m) and Southwestern Community Action Council Inc ($18.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $77.5m against liabilities of $140k, net assets of $77.3m.