Citihope International Inc
Citihope International Inc. experiences extreme revenue volatility and operates with minimal assets relative to its large financial flows.
EIN: 132907656 · Margaretville, NY · NTEE: Q300 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $79.5M |
| Total Expenses | $79.7M |
| Program Spending | 90% |
| Net Assets | $-339,796 |
| Transparency Score | 65/100 |
Is Citihope International Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Citihope International Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Citihope International Inc
Citihope International Inc (EIN: 132907656) is a nonprofit organization based in Margaretville, NY, classified under NTEE code Q300. The organization reported total revenue of $79.5M and total assets of $186K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Citihope International Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Citihope International Inc is a major nonprofit that has been operating for 47 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -3.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $79.5M |
| Total Expenses | $79.7M |
| Surplus / Deficit | $-217,580 |
| Total Assets | $186K |
| Total Liabilities | $526K |
| Net Assets | $-339,796 |
| Operating Margin | -0.3% |
| Debt-to-Asset Ratio | 282.7% |
| Months of Reserves | 0.0 months |
Financial Health Grade: D
In 2023, Citihope International Inc reported a deficit of $218K with expenses exceeding revenue, holds 0.0 months of operating reserves (limited), has a debt-to-asset ratio of 282.7% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Citihope International Inc's revenue has declined at a compound annual growth rate (CAGR) of -3.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +310.3% | +115.8% | -41.3% |
| 2022 | -44.4% | -25.6% | -98.2% |
| 2021 | +1.0% | +5.5% | -45.3% |
| 2020 | -27.8% | -63.3% | -28.0% |
| 2019 | +6617.5% | +16429.3% | -64.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1979 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Citihope International Inc with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Citihope International Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $218K, with expenses exceeding revenue.
- Debt-to-asset ratio: 282.7%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive salaries from the organization, which is highly unusual for an organization managing tens of millions in revenue.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Citihope International Inc's IRS 990 filings:
- Extreme revenue and expense volatility year-over-year (e.g., $253M revenue in 2017 vs. $711K in 2018).
- Consistently low asset base relative to high revenue and expense figures (e.g., $185,996 assets vs. $79.5M revenue in 2023).
- Operating deficits in multiple years (e.g., $79.5M revenue vs. $79.7M expenses in 2023; $19.3M revenue vs. $36.9M expenses in 2022).
- Liabilities often exceed assets (e.g., $525,792 liabilities vs. $185,996 assets in 2023), indicating potential financial instability.
Strengths
The following positive indicators were identified for Citihope International Inc:
- Consistent reporting of 0% officer compensation, indicating no direct salary payments to executives.
- Significant scale of operations in certain years, suggesting capacity to manage large-scale projects or donations.
Frequently Asked Questions about Citihope International Inc
Is Citihope International Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Citihope International Inc (EIN: 132907656) some concerns. Mission Score: 65/100. 4 red flags identified, 2 strengths noted.
How does Citihope International Inc spend its money?
Citihope International Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Citihope International Inc tax-deductible?
Citihope International Inc is registered as a tax-exempt nonprofit (EIN: 132907656). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Citihope International Inc's spending goes to programs?
Citihope International Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Citihope International Inc compare to similar nonprofits?
With a transparency score of 65/100 (Good), Citihope International Inc is above average for NTEE category Q300 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Citihope International Inc located?
Citihope International Inc is headquartered in Margaretville, New York and files with the IRS under EIN 132907656. It is classified under NTEE code Q300.
How many years of IRS 990 filings does Citihope International Inc have?
Citihope International Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $79.5M in total revenue.
What is the nature of Citihope International Inc.'s operations that leads to such extreme revenue and expense fluctuations?
The provided data does not specify the exact nature of their programs, but the massive swings in revenue (e.g., $711,860 in 2018 to $253,449,629 in 2017) suggest a model heavily reliant on large, potentially one-time, in-kind donations or specific project funding rather than a stable, recurring revenue stream.
How does Citihope International Inc. manage to operate with such a low asset base relative to its revenue and expenses?
The consistently low asset base (e.g., $185,996 in 2023 against $79.5 million in revenue) implies that the organization likely functions as a pass-through entity, quickly distributing received funds or in-kind goods, rather than accumulating significant financial reserves or fixed assets.
What are the specific categories of expenses that constitute the majority of Citihope International Inc.'s spending?
Without a detailed functional expense breakdown from the 990 filings, it's impossible to definitively state the specific categories. However, given the NTEE code Q300 (International Development, Relief), it's likely a significant portion is related to international aid, medical supplies, or humanitarian relief efforts.
Filing History
IRS 990 filing history for Citihope International Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Citihope International Inc's revenue has declined by 36.6%, moving from $125.3M to $79.5M. Total assets decreased by 98.1% over the same period, from $9.6M to $186K. Total functional expenses fell by 33.6%, from $120.2M to $79.7M. In its most recent filing year (2023), Citihope International Inc reported a deficit of $218K, with expenses exceeding revenue. The organization holds $526K in liabilities against $186K in assets (debt-to-asset ratio: 282.7%), resulting in net assets of $-339,796.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $79.5M | $79.7M | $186K | $526K | — | — |
| 2022 | $19.4M | $37.0M | $317K | $439K | — | View 990 |
| 2021 | $34.8M | $49.7M | $17.7M | $259K | — | — |
| 2020 | $34.5M | $47.1M | $32.4M | $104K | — | — |
| 2019 | $47.8M | $128.3M | $45.0M | $121K | — | View 990 |
| 2018 | $712K | $776K | $125.4M | $117K | — | View 990 |
| 2017 | $253.4M | $148.2M | $125.5M | $126K | — | View 990 |
| 2016 | $89.8M | $77.3M | $20.2M | $109K | — | View 990 |
| 2015 | $38.7M | $31.1M | $7.7M | $85K | — | View 990 |
| 2014 | $93.2M | $93.4M | $213K | $170K | — | View 990 |
| 2013 | $57.5M | $60.0M | $441K | $195K | — | View 990 |
| 2012 | $97.5M | $103.7M | $2.9M | $173K | — | View 990 |
| 2011 | $125.3M | $120.2M | $9.6M | $689K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $79.5M, expenses of $79.7M, and assets of $186K (revenue +310.3% year-over-year).
- 2022: Revenue of $19.4M, expenses of $37.0M, and assets of $317K (revenue -44.4% year-over-year).
- 2021: Revenue of $34.8M, expenses of $49.7M, and assets of $17.7M (revenue +1.0% year-over-year).
- 2020: Revenue of $34.5M, expenses of $47.1M, and assets of $32.4M (revenue -27.8% year-over-year).
- 2019: Revenue of $47.8M, expenses of $128.3M, and assets of $45.0M (revenue +6617.5% year-over-year).
- 2018: Revenue of $712K, expenses of $776K, and assets of $125.4M (revenue -99.7% year-over-year).
- 2017: Revenue of $253.4M, expenses of $148.2M, and assets of $125.5M (revenue +182.1% year-over-year).
- 2016: Revenue of $89.8M, expenses of $77.3M, and assets of $20.2M (revenue +132.2% year-over-year).
- 2015: Revenue of $38.7M, expenses of $31.1M, and assets of $7.7M (revenue -58.5% year-over-year).
- 2014: Revenue of $93.2M, expenses of $93.4M, and assets of $213K (revenue +61.9% year-over-year).
- 2013: Revenue of $57.5M, expenses of $60.0M, and assets of $441K (revenue -41.0% year-over-year).
- 2012: Revenue of $97.5M, expenses of $103.7M, and assets of $2.9M (revenue -22.2% year-over-year).
- 2011: Revenue of $125.3M, expenses of $120.2M, and assets of $9.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Citihope International Inc:
Data Sources and Methodology
This transparency report for Citihope International Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.