Cita-Edu Inc

Analysis

Cita-Edu Inc is a registered charity in United States, based in Pembroke Pnes, FL. It received its IRS tax-exemption ruling in March 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Cita-Edu Inc reported income of $131k and spending of $128k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $102k to $131k (+28%), an average of +28% a year. The sharpest change came in the year to December 2023, when income rose by 28%. Over the whole period it spent 115% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cita-Edu Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 48th percentile within FL. Charities of a similar size with the same main cause include Lives Without Limits Inc ($131k), National Panhellenic Conference ($131k) and Parent Booster USA Inc ($131k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $45k against liabilities of $1,817, net assets of $43k.