The City Tutors Inc

Analysis

The City Tutors Inc is a registered charity in United States, based in Rego Park, NY. It received its IRS tax-exemption ruling in October 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. 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, The City Tutors Inc reported income of $252k and spending of $283k, spending 112% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $165k to $252k (+53%), an average of +24% a year. The sharpest change came in the year to December 2022, when income rose by 47%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The City Tutors Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 56th percentile within NY. Charities of a similar size with the same main cause include Vallemar Parent Teacher Organization ($252k), High Country Home Educators ($252k) and Deerfield School PTO Inc ($252k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $199k (70% of expenses). At year end it held assets of $58k against liabilities of $7,676, net assets of $51k. It reported 4 employees.