Logo for "INITIATIVE FOR A COMPETITIVE INNER CITY, INC"

INITIATIVE FOR A COMPETITIVE INNER CITY, INC

INITIATIVE FOR A COMPETITIVE INNER CITY, INC

ROXBURY, MA, US
a.k.a ICIC
501(c)(3)
EIN
13-3772904
Women Led
BIPOC Led
Logo for "INITIATIVE FOR A COMPETITIVE INNER CITY, INC"

INITIATIVE FOR A COMPETITIVE INNER CITY, INC

ROXBURY, MA, US
a.k.a ICIC
501(c)(3)
EIN
13-3772904
Women Led
BIPOC Led

Overview

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Est.

1994

Fiscal Year Start

Jan 1

Organization Type

Grantseeker
AI Summary
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The Initiative for a Competitive Inner City, Inc. (EIN: 13-3772904) is a nonprofit organization dedicated to driving inclusive economic prosperity in under-resourced communities through innovative research and programs aimed at creating jobs, income, and wealth for local residents. With an operating budget of $7.6 million and total revenue of $9.9 million for the filing year 2024, ICIC is supported by a diverse range of funders, none of which contribute 50% or more of its revenue. More information can be found on their website at www.icic.org.

Mission Statement

ICIC drives inclusive economic prosperity in under-resourced communities through innovative research and programs to create jobs, income, and wealth for local residents.
Revenues

$9.9M

Expenses

$7.9M

Net Income:
+$2M
Assets

$13.7M

Liabilities

$439.8K

Net Assets:
+$13.3M
Operating Budget

$7.6M

Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants

26

Median grant size
$30K
Largest grant received
$2.9M
S
Steve Grossman
Board Member
M
Michael Porter
Board Member
B
Barry White
Board Member

Frequently Asked Questions

What is INITIATIVE FOR A COMPETITIVE INNER CITY, INC’s budget?
In 2024, INITIATIVE FOR A COMPETITIVE INNER CITY, INC reported an annual operating budget of around $7.6 million. More detailed financial information is available to registered users.
What causes does INITIATIVE FOR A COMPETITIVE INNER CITY, INC support?
INITIATIVE FOR A COMPETITIVE INNER CITY, INC supports work in Community improvement, Economic development, Entrepreneurship, and Homeowners & Tenants Associations.
Where does INITIATIVE FOR A COMPETITIVE INNER CITY, INC operate?
INITIATIVE FOR A COMPETITIVE INNER CITY, INC is headquartered in ROXBURY, MA.
Who funded INITIATIVE FOR A COMPETITIVE INNER CITY, INC recently?
In 2025, INITIATIVE FOR A COMPETITIVE INNER CITY, INC received grants from AMERICAN ONLINE GIVING FOUNDATION INC, Boston Foundation, Inc, and Boston Foundation, Inc. More information on this organization’s funders is available to registered users.
What is the largest grant INITIATIVE FOR A COMPETITIVE INNER CITY, INC received in 2024?
The largest grant to INITIATIVE FOR A COMPETITIVE INNER CITY, INC in 2024 exceeds $2.9 million.
What is INITIATIVE FOR A COMPETITIVE INNER CITY, INC’s reliance on government grants?
INITIATIVE FOR A COMPETITIVE INNER CITY, INC relied on government grants for less than 5% of their total revenue in 2024.
Overview
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