Cityfam

Analysis

Cityfam is a registered charity in United States, based in Towson, MD. It received its IRS tax-exemption ruling in September 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Cityfam reported income of $69k and spending of $72k, spending 105% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $66k to $69k (+4.7%), an average of +4.7% a year. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cityfam sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 29th percentile within MD. Charities of a similar size with the same main cause include Zumbrota Area Emergency Shelf Inc ($69k), World Life Institute Inc ($69k) and Trempealeau County Homes Inc ($69k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 49% and program service revenue 20% of the total. At year end it held assets of $11k against liabilities of $1,405, net assets of $9,828.