City in the Community Foundation

Analysis

City in the Community Foundation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 2015, 11 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 June 2023, City in the Community Foundation reported income of $899k and spending of $855k, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $771k to $899k (+17%), an average of +3.9% a year. The sharpest change came in the year to June 2022, when income rose by 67%. Over the whole period it spent 84% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, City in the Community Foundation sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 74th percentile within NY. Charities of a similar size with the same main cause include Jewish Federation of the Sacramento Region ($898k), Bloomington Community Foundation ($902k) and Volunteer Exempt Firefighters Benevolent Assn of Manhasset-Lakev ($897k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 76% and program service revenue 24% of the total. At year end it held assets of $660k against liabilities of $38k, net assets of $622k.