City Innovation School Inc

Analysis

City Innovation School Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in September 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, City Innovation School Inc reported income of $425k and spending of $434k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $681k to $425k (-38%), an average of -11% a year. The sharpest change came in the year to December 2023, when income dropped by 36%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, City Innovation School Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within FL. Charities of a similar size with the same main cause include Sapphire Early Learning Center ($425k), Friends Investing in Sacramento Public Library ($425k) and Piermont Public Library ($425k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% and program service revenue 54% of the total. Other salaries and wages came to $199k. At year end it held assets of $162k against liabilities of $46k, net assets of $116k. It reported 9 employees.