City Fields

Analysis

City Fields is a registered charity in United States, based in Cleveland, TN. It received its IRS tax-exemption ruling in July 2017, 9 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, City Fields reported income of $1.2m and spending of $994k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $545k to $1.2m (+112%), an average of +21% a year. The sharpest change came in the year to December 2022, when income rose by 41%. Over the whole period it spent 64% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, City Fields sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within TN. Charities of a similar size with the same main cause include United Global Initiative Inc ($1.2m), Plymouth Parc Inc ($1.2m) and Woodlands Community Lenders ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $101k (10% of expenses). Other salaries and wages came to $233k. At year end it held assets of $1.9m against liabilities of $318k, net assets of $1.6m. It reported 8 employees.