Concerned Citizens for a Better Algiers Inc

Analysis

Concerned Citizens for a Better Algiers Inc is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in July 1988, 38 years ago. 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, Concerned Citizens for a Better Algiers Inc reported income of $1.8m and spending of $2.1m, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $1.8m (+28%), an average of +6.4% a year. The sharpest change came in the year to December 2021, when income rose by 26%. Over the whole period it spent 109% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Concerned Citizens for a Better Algiers Inc 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 85th percentile, and in the 84th percentile within LA. Charities of a similar size with the same main cause include Salesian Boys & Girls Club Inc ($1.8m), Friends Program Inc ($1.8m) and Carpenter Place Inc ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $90k (4.3% of expenses). Other salaries and wages came to $497k. At year end it held assets of $3.7m against liabilities of $117k, net assets of $3.6m. It reported 22 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.