Cityteam Ministries

Analysis

Cityteam Ministries is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in July 1958, 68 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 August 2023, Cityteam Ministries reported income of $41.9m and spending of $36.5m, spending 87% of its income. Across the 5 years on record, from August 2019 to August 2023, income fell from $43.6m to $41.9m (-3.9%), an average of -1.0% a year. The sharpest change came in the year to August 2021, when income rose by 44%. Over the whole period it spent 77% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Cityteam Ministries 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 99th percentile within CA. Charities of a similar size with the same main cause include Rubys Heart ($41.6m), Answers in Genesis Inc ($42.1m) and Hosanna ($41.5m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 94% and program service revenue 3.1% of the total. Compensation of current officers, directors and key employees was $478k (1.3% of expenses). Other salaries and wages came to $5.8m. It paid $1.9m in professional fundraising fees. At year end it held assets of $68.8m against liabilities of $5.6m, net assets of $63.3m. It reported 233 employees.