Public Charity

INITIATIVE FOR A COMPETITIVE INNER CITY INC

Based in ROXBURY, MA, INITIATIVE FOR A COMPETITIVE INNER CITY INC operates as a Public Charity. The organization reported $9.7M in revenue, $9.6M in expenses, $14.2M in total assets for fiscal year 2025. Imperigo tracks 86 reported grant relationships connected to this organization totaling approximately $12.2M.

EIN: 133772904 ROXBURY, MA Homeowners & Tenants Associations NTEE: L50 Latest filing: 2025
Total Revenue$9.7M
Total Expenses$9.6M
Total Assets$14.2M
Grant Records86
Funding Total$12.2M
Filing Years2021–2025

Mission

ICIC DRIVES INCLUSIVE ECONOMIC PROSPERITY IN UNDER-RESOURCED COMMUNITIES THROUGH INNOVATIVE RESEARCH AND PROGRAMS TO CREATE JOBS, INCOME, AND WEALTH FOR LOCAL RESIDENTS.

Where $100 goes at Initiative for a Competitive Inner City Inc

How Initiative for a Competitive Inner City Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$82 Programs the work itself
$12 Management running the organization
$6 Fundraising raising the next dollar

Inside the $82 for programs

$75
Urban business initiatives:the program consists of eight initiatives: goldman sachs 10,000 small businesses, goldman sachs black in business, inner city capital connections, cultivate small business, inner city 100…
91% of program spending · Reported in the filing: 10,000 businesses; 1,600 participants; 29,000 jobs
$7
Research:icic's research agenda has positioned the organization as the leading and most trusted resource in the economies of under-resourced communities
9% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

BOARD MEMBER Barbara Berke
VICE CHAIRMAN & TREASURER Barry White
BOARD MEMBER Bo Menkiti
SECRETARY Brenda Mckenzie
BOARD MEMBER Caron Ng
BOARD MEMBER (AS OF 2025) Chris Conti

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$9,914,458 60 grants
Economic Development
$1,120,000 12 grants
Human & Social Services
$289,000 7 grants
Health & Medicine
$105,000 1 grant
Training & Professional Development
$93,360 2 grants

Financial Trends

Year Revenue Expenses Assets
2025 $9.7M $9.6M $14.2M
2024 $9.9M $7.9M $13.7M
2023 $9.1M $9.7M $11.6M
2022 $11.6M $10.0M $11.7M
2021 $6.7M $6.3M $11.1M

Between 2021 and 2025, reported annual revenue grew from $6.7M to $9.7M (+45%), with total assets most recently reported at $14.2M.

Interactive year-over-year charts and full filing details available with membership.

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