L โ€” Housing & ShelterEIN: 133772904ยท Ruling Year: 1995

Initiative For A Competitive Inner City Inc

Boston, Massachusetts

A-Health Score
81A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

๐Ÿ’ฐ
$9.1M
Total Revenue
๐Ÿ“Š
$9.7M
Total Expenses
๐Ÿฆ
$11.2M
Net Assets
๐Ÿ“‹
$434K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-22.0%
Year-over-year change (2022 โ†’ 2023)
Net Margin
-6.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.16
Net assets divided by total expenses
Liabilities-to-Assets
3.7%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$9,070,017โ†“22%$9,667,573โ†“3%$11,620,463
2022$11,628,829โ†‘74%$9,988,962โ†‘58%$11,661,853โ†‘5%
2021$6,700,624โ†“18%$6,336,872โ†‘18%$11,137,097โ†‘7%
2020$8,178,746โ†‘25%$5,371,662โ†“14%$10,365,078โ†‘42%
2019$6,529,016โ†‘18%$6,280,711โ†‘8%$7,291,297โ†‘8%
2018$5,543,213โ†‘12%$5,824,778โ†‘34%$6,721,684โ†“11%
2017$4,932,326โ†‘13%$4,348,578โ†‘25%$7,586,695โ†‘19%
2016$4,379,590โ†‘39%$3,490,251โ†‘12%$6,383,385โ†‘18%
2015$3,149,267โ†“9%$3,106,759โ†‘10%$5,386,945โ†‘19%
2014$3,469,061โ†“1%$2,819,604โ†“23%$4,538,815โ†‘35%
2013$3,496,981โ†‘7%$3,650,057โ†“10%$3,353,884โ†‘9%
2012$3,283,058โ†“6%$4,070,309โ†“6%$3,076,909โ†“13%
2011$3,478,992$4,349,090$3,525,798

Frequently Asked Questions

What does Initiative For A Competitive Inner City Inc do?โ–ผ

Initiative For A Competitive Inner City Inc is a housing & shelter nonprofit organization based in Massachusetts. It is classified under NTEE code L50 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Initiative For A Competitive Inner City Inc financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Initiative For A Competitive Inner City Inc has a score of 81/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Initiative For A Competitive Inner City Inc generate?โ–ผ

Initiative For A Competitive Inner City Inc reports $9.9M in annual revenue and holds $13.7M in total assets, based on IRS filings.

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Initiative For A Competitive Inner City Inc โ€” Boston, MA | GiveScope