Civic 411 Wales Corporation

Analysis

Civic 411 Wales Corporation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in December 2018, 8 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Civic 411 Wales Corporation reported income of $3.3m and spending of $3.6m, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $895k to $3.3m (+270%), an average of +39% a year. The sharpest change came in the year to December 2020, when income rose by 137%. Over the whole period it spent 118% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Civic 411 Wales Corporation sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 87th percentile within NY. Charities of a similar size with the same main cause include Village Assisted Living Inc ($3.3m), Hip Housing Development Corporation ($3.3m) and Barrett Foundation Inc ($3.3m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $43.0m against liabilities of $43.2m, net assets of -$252k.