Metro Smart Cities Inc

Analysis

Metro Smart Cities Inc is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in March 2023, 3 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Metro Smart Cities Inc reported income of $273k and spending of $185k, leaving 32% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $376k to $273k (-27%), an average of -15% a year. The sharpest change came in the year to December 2023, when income rose by 1299%. Over the whole period it spent 72% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Metro Smart Cities Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 58th percentile within NE. Charities of a similar size with the same main cause include Global Oved Dei Seminary & University Inc ($273k), Baltimore Connect ($273k) and Graces Closet ($273k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $184k against liabilities of $0, net assets of $184k.