Cityscape Community Redevelopment Inc

Analysis

Cityscape Community Redevelopment Inc is a registered charity in United States, based in Annapolils, MD. It received its IRS tax-exemption ruling in November 2017, 9 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Cityscape Community Redevelopment Inc reported income of $198k and spending of $206k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $18k to $198k (+1022%), an average of +83% a year. The sharpest change came in the year to December 2021, when income dropped by 100%. Over the whole period it spent 99% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Cityscape Community Redevelopment Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 54th percentile within MD. Charities of a similar size with the same main cause include FF of Kettering Park Manor Inc ($198k), Ahepa 23-Iii Inc ($198k) and Burnt Hills Ballston Lake Housing Development Fund Company Inc ($198k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $181k against liabilities of $205k, net assets of -$24k.

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.