From public IRS filings
INITIATIVE FOR A COMPETITIVE INNER CITY INC
BOSTON, MA · Housing & Shelter
Mission
ICIC DRIVES INCLUSIVE ECONOMIC PROSPERITY IN UNDER-RESOURCED COMMUNITIES THROUGH INNOVATIVE RESEARCH AND PROGRAMS TO CREATE JOBS, INCOME, AND WEALTH FOR LOCAL RESIDENTS.
Financials (IRS Form 990)
Total revenue
$9.9M
Total expenses
$7.9M
Total assets
$13.7M
Program expense ratio
7991%
Source: IRS Form 990, tax year 2024.
Who funds INITIATIVE FOR A COMPETITIVE INNER CITY INC
$14.4M in foundation grants on record from 25 funders — from IRS 990 grant line items.
| Funder | Total given | Grants |
|---|---|---|
| East Bay Community Foundation | $3M | 2 |
| Blackbaud Giving Fund | $1.5M | 2 |
| Kaiser Foundation Hospitals | $360K | 1 |
| California Community Foundation | $300K | 1 |
| American Online Giving Foundation | $298K | 3 |
| Fidelity Investments Charitable Gift Fund | $287K | 2 |
| Boston Foundation | $225K | 5 |
| Ochsner Lsu Health System of North Louisiana | $200K | 1 |
| Combined Jewish Philanthropies of Greater Boston | $181K | 4 |
| National Philanthropic Trust | $135K | 2 |
Leadership
STEVE GROSSMAN — CEO (Principal officer)
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