City Year Inc is a 501(c)(3) organization based in Boston, Massachusetts, registered in 1988, with $173,086,871 in FY2024 revenue. CharityIndex grades it A, and it directs about 83% of spending to programs.
Revenue (FY2024)
$173.1M
▲ 10.2% vs prior year
Unknown median: $232K
Expenses (FY2024)
$175.6M
Net assets
$53.5M
Employees
1,061
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For City Year Inc: 83% to programs · $10 to raise $100 earns a A on this criterion. See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For City Year Inc: 4 mo reserves · -1% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For City Year Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For City Year Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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See schedule o
Youth civic leadership40,000 of city year's alumni continue to serve and lead across an array of professions, including education, with more than half of alums working as teachers, adminstrators, guidance counselors and at education nonprofits, and are engaged in their communities. they share their passion for civic engagement by leading students in activities that help the participants gain a better understanding of challenges facing their communities and how they can help address them. city year was founded on the belief that a year of national service could serve as a civic rite of passage - a uniquely transformational life experience that, while helping transform communities in need, could bend the trajectory of an idealistic young person's life towards a lifetime of active citizenship and civic leadership.
Physical serviceall city year locations host large-scale service events throughout the year, led by corps and staff. in fiscal year 2025, 9,764 citizens volunteered 25,129 hours in projects including painting murals, refurbishing schools, creating play places, planting community gardens, and revitalizing community centers. a physical service project completed by a city year led team can powerfully transform a school environment or neighborhood, both by visibly improving the space with the immediate results, and also by inspiring participants to volunteer again.
Revenue grew from $125.2M (FY2013) to $173.1M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
-1.4%
Spent more than it raised in the latest fiscal year.
Total assets
$84.7M
Total liabilities
$31.2M
Net assets
$53.5M
Salaries & benefits
$95.6M
54% of expenses
Board members
16
15 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $173,086,871▲10.2% | $175,579,043▼4.0% | $53,462,428▼3.7% | $84,679,830▼14.6% | 990 |
| 2023 | $157,009,335▼6.7% | $182,867,246▲3.7% | $55,534,910▼30.3% | $99,136,772▼7.9% | 990 |
| 2022 | $168,215,479▼8.8% | $176,337,623▲5.0% | $79,679,666▼6.8% | $107,632,955▼12.2% | 990 |
| 2021 | $184,395,439▲10.8% | $167,972,198▼0.9% | $85,532,568▲17.0% | $122,593,381▲12.3% | 990 |
| 2020 | $166,390,227▲0.1% | $169,554,488▼1.5% | $73,110,054▲3.9% | $109,129,886▲24.6% | 990 |
| 2019 | $166,184,689▼3.7% | $172,132,198▲3.1% | $70,392,442▼7.4% | $87,591,346▼5.9% | 990 |
| 2018 | $172,610,628▲7.7% | $167,025,090▲7.9% | $76,012,250▲7.6% | $93,077,918▲7.9% | 990 |
| 2017 | $160,333,174▲6.6% | $154,867,723▲4.3% | $70,673,427▲6.9% | $86,226,089▲6.2% | 990 |
| 2016 | $150,365,215▲2.9% | $148,415,766▲6.0% | $66,081,319▲5.0% | $81,195,861▲3.8% | 990 |
| 2015 | $146,121,099▲3.8% | $140,016,984▲1.3% | $62,950,387▲9.0% | $78,190,205▲6.7% | 990 |
| 2014 | $140,778,529▲12.4% | $138,194,259▲11.2% | $57,764,137▲3.4% | $73,287,553▲4.9% | 990 |
| 2013 | $125,229,294 | $124,263,916▲11.7% | $55,843,173▲2.7% | $69,861,408▲0.4% | 990 |
| 2012 | — | $111,292,490▲25.1% | $54,380,444▲9.0% | $69,588,300▲8.4% | 990 |
| 2011 | — | $88,968,258▲20.4% | $49,908,808▲4.6% | $64,222,710▲3.0% | 990 |
| 2010 | — | $73,877,630▲16.9% | $47,699,590▲30.0% | $62,350,450▲22.5% | 990 |
| 2009 | — | $63,211,965 | $36,680,698 | $50,884,601 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Highest-paid: James Balfanz — $388,550 (0.22% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| James Balfanz | Chief Executive Officer | 50 | $388,550 |
| Shanuah Beamon | Cao,gen Consl,co-clk (thru 6/27/25) | 50 | $326,484 |
| Mithra Ramaley | Chief Dev, Recruit, & Alumni Officer | 50 | $294,840 |
| John Tupponce | Chief Operating Officer | 50 | $293,540 |
| Annmaura Connolly | Chief Strategy Officer | 50 | $292,014 |
| Kanna Kunchala | Acting Cfo (thru 8/1/24),exec Vp,cso,cos | 50 | $288,040 |
| Stephanie Wu | Chief Transformation Officer | 50 | $270,230 |
| George Chu | Cfo (as of 8/1/24) | 50 | $267,206 |
| Rume Joy Azikiwe-oyeyemi | Chief Human Resource Officer | 50 | $246,406 |
| Stephen Spaloss | Chief Enterp Social Responsblty Off | 50 | $232,700 |
| Mary Jane Stevenson | Market President | 50 | $230,049 |
| Alyson Augustin | Svp Governmental Relations | 50 | $229,960 |
| Ellen Gulachenski | Chief Information Officer | 50 | $222,247 |
| Alice Kwan | Trustee (as of 10/16/24) | 1 | — |
| Ana Mari Ortega | Trustee | 1 | — |
| Andrea Encarnacao Martin | Trustee | 1 | — |
| Dalila Wilson-scott | Trustee | 1 | — |
| David Einhorn | Trustee | 1 | — |
| George Nichols III | Chair | 1 | — |
| Joanne Rodgers | Trustee | 1 | — |
| Contractor | Services | Paid |
|---|---|---|
| Connelly Partners LLC | Advertising Services | $1,231,542 |
| Forty Niners Stadium Management Company | Event Services | $304,427 |
| Canon Financial Service Inc | Technology Services | $245,838 |
| Educationcounsel LLC | Education Consulting | $242,000 |
| Exponential Philanthropy LLC | Fundraising Consulting | $112,000 |
871 grants to City Year Inc totaling $239.3M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Education | 2024 | $6,056,850 |
| Winston-salem Foundation | 2 grant(s) for varying purposes | 2024 | $2,650,000 |
| George Kaiser Family Foundation | Whole school whole child student impact, recruitment & talent acquisition | 2024 | $1,000,000 |
| Comic Relief Inc | Program support | 2024 | $950,000 |
| Greater Washington Community Foundation | General support | 2024 | $780,000 |
| Charities Aid Foundation America | Charitable donation | 2024 | $732,491 |
| Denver Foundation | Educational services | 2024 | $505,000 |
| New Hampshire Charitable Foundation | Operating support, starry night, 7 year promise | 2024 | $465,500 |
| Communities Foundation of Texas | This grant is designated for general support. | 2024 | $369,746 |
| Cambiar Education | Future of learning grant | 2024 | $180,000 |
| Silicon Valley Community Foundation | Education | 2024 | $170,000 |
| The Rhode Island Community Foundation | Edu - educational success (primary) | 2024 | $170,000 |
| Tulsa Community Foundation | General operations | 2024 | $157,444 |
| The Community Foundation For Northeast Florida Inc | For city year jacksonville - to support andrew robinson elementary school | 2024 | $150,000 |
| American Endowment Foundation | Youth devel | 2024 | $133,500 |
1 grant totaling $735K in FY2024. All grants made by City Year Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Johns Hopkins University | See part iv | $734,717 |
Explore more
Data for City Year Inc (EIN 22-2882549) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.