Inner City Innovators Inc

Analysis

Inner City Innovators Inc is a registered charity in United States, based in West Palm BCH, FL. It received its IRS tax-exemption ruling in February 2017, 9 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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, Inner City Innovators Inc reported income of $479k and spending of $414k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $227k to $479k (+111%), an average of +21% a year. The sharpest change came in the year to December 2021, when income rose by 77%. Over the whole period it spent 84% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Inner City Innovators Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within FL. Charities of a similar size with the same main cause include Equal Ground Education Fund Inc ($479k), Second Bloom of Chatham Inc ($479k) and San Francisco Housing Foundation ($479k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $72k (17% of expenses). Other salaries and wages came to $178k. At year end it held assets of $290k against liabilities of $1,655, net assets of $289k. It reported 7 employees.