City Leadership

Analysis

City Leadership is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 Leadership reported income of $2.2m and spending of $2.3m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.1m to $2.2m (+7.1%), an average of +1.7% a year. The sharpest change came in the year to December 2021, when income rose by 40%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, City Leadership sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within TN. Charities of a similar size with the same main cause include Montessori Society of Champaign-Urbana Incorporated ($2.2m), Equip Inc ($2.2m) and Alexandria Symphony Orchestra Inc ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 10% of the total. Compensation of current officers, directors and key employees was $316k (14% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $1.0m against liabilities of $358k, net assets of $686k. It reported 33 employees.