City Commit Inc

Analysis

City Commit Inc is a registered charity in United States, based in Sarasota, FL. It received its IRS tax-exemption ruling in December 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 Commit Inc reported income of $232k and spending of $215k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $250k to $232k (-7.1%), an average of -1.8% a year. The sharpest change came in the year to December 2020, when income dropped by 28%. Over the whole period it spent 97% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, City Commit Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 60th percentile within FL. Charities of a similar size with the same main cause include Lev Hachnasat Orchim Inc ($232k), Sri Radha Bhakti ($232k) and Shalom Ministries Inc ($232k).

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 $137k against liabilities of $0, net assets of $137k.