Citiesrise Inc

Analysis

Citiesrise Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Citiesrise Inc reported income of $2.9m and spending of $3.2m, spending 112% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $3.3m to $2.9m (-12%), an average of -6.2% a year. The sharpest change came in the year to December 2022, when income dropped by 28%. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Citiesrise Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 86th percentile within NY. Charities of a similar size with the same main cause include Milan Puskar Health Right Inc ($2.9m), Lower Cape Ambulance Assoc ($2.9m) and Shine a Light Counseling Center ($2.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $601k (19% of expenses). Other salaries and wages came to $303k. At year end it held assets of $1.4m against liabilities of $982k, net assets of $418k. It reported 8 employees.