Cityheart Incorporated

Analysis

Cityheart Incorporated is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in December 2017, 9 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, Cityheart Incorporated reported income of $106k and spending of $103k, spending 97% of its income. Across the 3 years on record, from December 2019 to December 2023, income grew from $22k to $106k (+373%), an average of +118% a year. The sharpest change came in the year to December 2022, when income rose by 170%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cityheart Incorporated sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 41st percentile within CA. Charities of a similar size with the same main cause include American Jobs for Americas Youth-Montana ($106k), Aspire Ministries ($106k) and Emily Emergency Food Shelf ($106k).

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 $6,005 against liabilities of $0, net assets of $6,005.