Skip to the page content
Passes our checks

City Futures Inc

EIN 13-3185114 · New York, NY

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthGood89 out of 100GovernanceStrong100 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

CITY FUTURES, INC. IS A CATALYST FOR SMART AND SUSTAINABLE POLICIES THAT REDUCE INEQUALITY, INCREASE ECONOMIC MOBILITY AND GROW THE ECONOMY IN NEW YORK CITY. AN INDEPENDENT, NONPARTISAN POLICY ORGANIZATION, CUF USES FACT-BASED RESEARCH TO ELEVATE IMPORTANT AND OFTEN OVERLOOKED ISSUES ONTO THE RADAR OF POLICYMAKERS AND ADVANCE PRACTICAL SOLUTIONS THAT STRENGTHEN NEW YORK AND HELP ALL NEW YORKERS PARTICIPATE IN THE CITY'S RISING PROSPERITY.

Income
$1.8 million
Spending
$1.7 million
Spent on programs
86%
Reserves
8.4 months of spending
Largest source of income
donations and private grants, 82%
Employees
23
Volunteers
6
Highest pay
$274,223, executive director

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Good: 89 out of 100. Higher than 80% of charities in its peer group (housing, $1m to $10m).

  • Reserves

    28 of 35

    Spendable reserves would cover 8.4 months of spending.

  • Debt

    16 of 20

    It owes 26% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 5% of income.

  • Income trend

    15 of 15

    Income rose 33% on the year before.

  • Spending floor

    15 of 15

    86% of spending went to programs and raising each dollar of donations cost 5 cents.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 100 out of 100. Higher than 70% of charities in its peer group (housing, $1m to $10m).

  • Independent board

    25 of 25

    20 of 21 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (1)
  1. $1.5 million spent. FOR MORE THAN 20 YEARS, CUF HAS CONSISTENTLY SHAPED THE POLICY DEBATE AROUND ECONOMIC OPPORTUNITY IN NEW YORK BY PUBLISHING REPORTS THAT ARE WIDELY COVERED IN THE MEDIA, HIGHLY READABLE AND ANCHORED IN RIGOROUS RESEARCH RATHER THAN PRECONCEIVED NOTIONS ABOUT OUTCOME. CUF'S EFFORTS TO CREATE A MORE PROSPEROUS, EQUITABLE AND INCLUSIVE NEW YORK SPAN MANY TOPICS AND POLICY AREAS, AND ARE UNIFIED BY THEIR COMMON AIMS: GROWING NEW YORK CITY'S ECONOMY AND BOOSTING THE NUMBER OF MIDDLE INCOME JOBS; HELPING MORE PEOPLE DEVELOP THE SKILLS AND CREDENTIALS NEEDED TO ACCESS CAREERS THAT PUT THEM ON THE PATH TO THE MIDDLE CLASS; AND MAKING NEW YORK CITY AND ITS MANY AND DIVERSE NEIGHBORHOODS A BETTER PLACE TO LIVE. CUF'S REPORTS DO NOT SIT ON A SHELF; THEY ARE ACTION-ORIENTED DOCUMENTS THAT ROUTINELY SPARK POLICY CHANGES AND SERVE AS AN INVALUABLE RESOURCE FOR GOVERNMENT OFFICIALS, NONPROFIT PRACTITIONERS, BUSINESS LEADERS AND PHILANTHROPIC LEADERS AS THEY ADVOCATE FOR, AND IMPLEMENT POLICIES FOR, ADDRESSING NEW YORK'S BIGGEST OPPORTUNITIES AND CHALLENGES. OUR WORK HAS INFLUENCED THE CREATION OF NEW ECONOMIC DEVELOPMENT INITIATIVES FOR LOW-INCOME ENTREPRENEURS, PAVED THE WAY FOR AN EXPANSION OF YOUTH WORKFORCE DEVELOPMENT PROGRAMS AND SPARKED NEW POLICIES TO SUPPORT AGING IMMIGRANTS. RECENTLY, OUR WORK DOCUMENTED THE VITAL ROLE OF BRANCH LIBRARIES IN EMPOWERING DISADVANTAGED NEW YORKERS AND LAID THE GROUNDWORK FOR THE LARGEST EVER INCREASE IN FUNDING FOR THE CITY'S PUBLIC LIBRARIES.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending June 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since October 2017.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.