City Life - Community Builders

Analysis

City Life - Community Builders is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, City Life - Community Builders reported income of $1.9m and spending of $1.6m, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.9m to $1.9m (-1.3%), an average of -0.3% a year. The sharpest change came in the year to December 2021, when income rose by 280%. Over the whole period it spent 93% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, City Life - Community Builders sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 84th percentile within MD. Charities of a similar size with the same main cause include Solutions for Veterans Inc ($1.9m), LA Jolla Community Foundation ($1.9m) and Out for Undergraduate Business Conference Inc ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $96k (5.9% of expenses). At year end it held assets of $1.6m against liabilities of $680k, net assets of $942k. It reported 1 employees.