Cityserve Network

Analysis

Cityserve Network is a registered charity in United States, based in Bakersfield, CA. It received its IRS tax-exemption ruling in August 2018, 8 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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, Cityserve Network reported income of $24.7m and spending of $32.5m, spending 132% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $20.5m to $24.7m (+21%), an average of +4.8% a year. The sharpest change came in the year to December 2020, when income rose by 214%. Over the whole period it spent 101% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Cityserve Network sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include Boys and Girls Clubs of Boston Inc ($24.0m), Ideastream ($25.0m) and Boys and Girls Clubs of Snohomish County ($23.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $49k (0.2% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $6.4m against liabilities of $3.5m, net assets of $2.9m. It reported 47 employees.