City Year Inc
City Year Inc: Strong Mission, High Administrative Costs
EIN: 222882549 · Boston, MA · NTEE: Z99Z · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $173.9M |
| Total Expenses | $176.3M |
| Program Spending | 75% |
| CEO/Top Officer Pay | $400,000 |
| Net Assets | $79.7M |
| Transparency Score | 85/100 |
Is City Year Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
City Year Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About City Year Inc
City Year Inc (EIN: 222882549) is a nonprofit organization based in Boston, MA, classified under NTEE code Z99Z. The organization reported total revenue of $173.9M and total assets of $84.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of City Year Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
City Year Inc is a major nonprofit that has been operating for 38 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $168.2M |
| Total Expenses | $176.3M |
| Surplus / Deficit | $-8,122,144 |
| Total Assets | $107.6M |
| Total Liabilities | $28.0M |
| Net Assets | $79.7M |
| Operating Margin | -4.8% |
| Debt-to-Asset Ratio | 26.0% |
| Months of Reserves | 7.3 months |
Financial Health Grade: B
In 2023, City Year Inc reported a deficit of $8.1M with expenses exceeding revenue, holds 7.3 months of operating reserves (strong position), has a debt-to-asset ratio of 26.0% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), City Year Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -8.8% | +5.0% | -12.2% |
| 2022 | +10.8% | -0.9% | +12.3% |
| 2021 | +0.1% | -1.5% | +24.6% |
| 2020 | -3.7% | +3.1% | -5.9% |
| 2019 | +7.7% | +7.9% | +7.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1988 |
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 City Year Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, City Year Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 $8.1M, with expenses exceeding revenue.
- Debt-to-asset ratio: 26.0%.
Executive Compensation Analysis
Executive compensation for City Year Inc. appears reasonable given the organization's size and revenue, with the CEO's compensation reported at $400,000 in the most recent filing, which is within industry benchmarks for similar-sized nonprofits.
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 City Year Inc's IRS 990 filings:
- Administrative expenses, while not excessive, show a slight upward trend relative to total expenses in some years, warranting monitoring.
- The organization's liabilities have increased over the past few years, from $15,552,662 in 2018 to $27,953,289 in 2023, which could indicate reliance on debt or deferred revenue.
Strengths
The following positive indicators were identified for City Year Inc:
- Consistent revenue generation over several years, demonstrating stable donor support and program demand.
- Strong asset base, with total assets consistently above $80 million, providing financial stability.
- Clear mission focus on youth development and education, with a significant portion of spending dedicated to programs.
- Positive net assets, indicating financial health and sustainability.
Frequently Asked Questions about City Year Inc
Is City Year Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, City Year Inc (EIN: 222882549) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does City Year Inc spend its money?
City Year Inc directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to City Year Inc tax-deductible?
City Year Inc is registered as a tax-exempt nonprofit (EIN: 222882549). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the City Year Inc CEO make?
City Year Inc's highest-compensated officer earns $400,000 annually. The organization reported $173.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of City Year Inc's spending goes to programs?
City Year Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does City Year Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), City Year Inc is above average for NTEE category Z99Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is City Year Inc located?
City Year Inc is headquartered in Boston, Massachusetts and files with the IRS under EIN 222882549. It is classified under NTEE code Z99Z.
How many years of IRS 990 filings does City Year Inc have?
City Year 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 $173.9M in total revenue.
What does City Year Inc do?
City Year Inc is a nonprofit organization in the Unknown sector, located in Boston, Massachusetts. It is classified under NTEE code Z99Z.
How much revenue does City Year Inc have?
City Year Inc reported total revenue of $173,915,282. Based on 13 IRS 990 filings on record.
What are City Year Inc's total assets?
City Year Inc holds total assets of $84,679,830 as reported in IRS 990 filings.
Where is City Year Inc located?
City Year Inc is based in Boston, Massachusetts.
What is City Year Inc's EIN?
City Year Inc's Employer Identification Number (EIN) is 222882549. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is City Year Inc?
City Year Inc is classified under NTEE code Z99Z (Unknown).
Is City Year Inc a registered 501(c)(3)?
Yes, City Year Inc is recognized as a tax-exempt organization by the IRS. EIN: 222882549.
Does City Year Inc file IRS Form 990?
Yes, City Year Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was City Year Inc's revenue in 2023?
In the 202306 filing period, City Year Inc reported total revenue of $168,215,479, total expenses of $176,337,623, and net assets of $107,632,955.
Is City Year Inc's revenue growing or declining?
City Year Inc's revenue is declining. Revenue went from $184,395,439 (202206) to $168,215,479 (202306), a -8.8% change. Based on 13 filings on record.
What is City Year Inc's most recent 990 filing?
The most recent IRS Form 990 filing for City Year Inc covers tax period 202306. It shows revenue of $168,215,479, expenses of $176,337,623, total assets of $107,632,955, and liabilities of $27,953,289.
How much does City Year Inc spend on programs vs administration?
Based on IRS 990 analysis, City Year Inc allocates approximately 75% of expenses to program services, 15% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is City Year Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, City Year Inc appears trustworthy. Mission Score: 85/100 (Excellent). 2 red flags identified. 4 strengths noted.
What are the red flags for City Year Inc?
The following concerns were identified: Administrative expenses, while not excessive, show a slight upward trend relative to total expenses in some years, warranting monitoring.. The organization's liabilities have increased over the past few years, from $15,552,662 in 2018 to $27,953,289 in 2023, which could indicate reliance on debt or deferred revenue.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are City Year Inc's strengths?
Positive indicators for City Year Inc include: Consistent revenue generation over several years, demonstrating stable donor support and program demand.. Strong asset base, with total assets consistently above $80 million, providing financial stability.. Clear mission focus on youth development and education, with a significant portion of spending dedicated to programs.. Positive net assets, indicating financial health and sustainability.. These findings are derived from AI analysis of the organization's financial filings.
How does City Year Inc compensate executives?
Executive compensation for City Year Inc. appears reasonable given the organization's size and revenue, with the CEO's compensation reported at $400,000 in the most recent filing, which is within industry benchmarks for similar-sized nonprofits. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does City Year Inc. manage to maintain consistent revenue despite fluctuations in the broader economic environment?
City Year Inc. likely benefits from a diversified funding strategy, including government grants, corporate partnerships, and individual donors, which helps buffer against economic shifts. Their established brand and long-standing impact also contribute to donor loyalty.
What specific strategies does City Year Inc. employ to ensure its program spending remains high relative to administrative and fundraising costs?
The organization appears to prioritize direct program delivery, potentially through efficient operational models, leveraging volunteer support, and strategic resource allocation to minimize overhead. Their focus on measurable outcomes likely reinforces donor confidence in program effectiveness.
Filing History
IRS 990 filing history for City Year Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), City Year Inc's revenue has grown by 100.9%, moving from $83.7M to $168.2M. Total assets increased by 72.6% over the same period, from $62.4M to $107.6M. Total functional expenses rose by 138.7%, from $73.9M to $176.3M. In its most recent filing year (2023), City Year Inc reported a deficit of $8.1M, with expenses exceeding revenue. The organization holds $28.0M in liabilities against $107.6M in assets (debt-to-asset ratio: 26.0%), resulting in net assets of $79.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $168.2M | $176.3M | $107.6M | $28.0M | — | View 990 |
| 2022 | $184.4M | $168.0M | $122.6M | $37.1M | — | View 990 |
| 2021 | $166.4M | $169.6M | $109.1M | $36.0M | — | — |
| 2020 | $166.2M | $172.1M | $87.6M | $17.2M | — | View 990 |
| 2019 | $172.6M | $167.0M | $93.1M | $17.1M | — | View 990 |
| 2018 | $160.3M | $154.9M | $86.2M | $15.6M | — | View 990 |
| 2017 | $150.4M | $148.4M | $81.2M | $15.1M | — | View 990 |
| 2016 | $146.1M | $140.0M | $78.2M | $15.2M | — | View 990 |
| 2015 | $140.8M | $138.2M | $73.3M | $15.5M | — | View 990 |
| 2014 | $125.2M | $124.3M | $69.9M | $14.0M | — | View 990 |
| 2013 | $114.7M | $111.3M | $69.6M | $15.2M | — | View 990 |
| 2012 | $91.8M | $89.0M | $64.2M | $14.3M | — | View 990 |
| 2011 | $83.7M | $73.9M | $62.4M | $14.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $168.2M, expenses of $176.3M, and assets of $107.6M (revenue -8.8% year-over-year).
- 2022: Revenue of $184.4M, expenses of $168.0M, and assets of $122.6M (revenue +10.8% year-over-year).
- 2021: Revenue of $166.4M, expenses of $169.6M, and assets of $109.1M (revenue +0.1% year-over-year).
- 2020: Revenue of $166.2M, expenses of $172.1M, and assets of $87.6M (revenue -3.7% year-over-year).
- 2019: Revenue of $172.6M, expenses of $167.0M, and assets of $93.1M (revenue +7.7% year-over-year).
- 2018: Revenue of $160.3M, expenses of $154.9M, and assets of $86.2M (revenue +6.6% year-over-year).
- 2017: Revenue of $150.4M, expenses of $148.4M, and assets of $81.2M (revenue +2.9% year-over-year).
- 2016: Revenue of $146.1M, expenses of $140.0M, and assets of $78.2M (revenue +3.8% year-over-year).
- 2015: Revenue of $140.8M, expenses of $138.2M, and assets of $73.3M (revenue +12.4% year-over-year).
- 2014: Revenue of $125.2M, expenses of $124.3M, and assets of $69.9M (revenue +9.2% year-over-year).
- 2013: Revenue of $114.7M, expenses of $111.3M, and assets of $69.6M (revenue +24.9% year-over-year).
- 2012: Revenue of $91.8M, expenses of $89.0M, and assets of $64.2M (revenue +9.7% year-over-year).
- 2011: Revenue of $83.7M, expenses of $73.9M, and assets of $62.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for City Year Inc:
Data Sources and Methodology
This transparency report for City Year 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.