City Year Inc
City Year Inc at a glance
In short: City Year Inc gave $735K across 1 grant in 2025 (avg $735K), mostly in Maryland. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $734,717
- -34.4% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $734,717
- -34.4% vs 2024
- Median grant
- $734,717
- Total assets
- $84,679,830
- -14.6% vs 2024
- Primary geography
- Maryland (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who City Year Inc funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was The Johns Hopkins University ($735K).
Grant Size Distribution
8 grants across all recorded years
The most common grant size was in the $500K–1M range: 4 grants of 8 (50%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
Cities
How City Year Inc gives
- Giving held roughly steady from 2022 to 2025 (−1%). Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $391K (2020) to $1.1M (2024). In 2025 it made 1 grant totaling $735K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The Johns Hopkins University Baltimore, MD | See Part IV | $734,717 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $84,679,830 | $173,086,871 | $175,579,043 | $734,717 | 1 | $462,130 |
| 2024 | $99,136,772 | $157,009,335 | $182,867,246 | $1,120,661 | 1 | $626,899 |
| 2023 | $107,632,955 | $168,215,479 | $176,337,623 | $1,023,705 | 2 | $517,936 |
| 2022 | $122,593,381 | $184,395,439 | $167,972,198 | $743,702 | 2 | $521,789 |
| 2021 | $109,129,886 | $166,390,227 | $169,554,488 | $728,410 | 2 | $442,944 |
| 2020 | $87,591,346 | $166,184,689 | $172,132,198 | $391,336 | 2 | $73,864 |
| 2019 | $93,077,918 | $172,610,628 | $167,025,090 | $517,689 | 2 | $421,538 |
About City Year Inc
Based on IRS filings
City Year Inc is a public charity, based in Boston, MA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $84.7M in total assets. In 2025, it awarded 1 grant totaling $735K. Net investment income was $462K.
Leadership & Key People
Officers and directors from IRS filings
City Year Inc is led by James Balfanz, Chief Executive Officer since 2024 (on filings since 2019); 13 of 30 officers listed in 2025 are compensated.
Officers on the 2025 filing
James Balfanz
Chief Executive Officer
President → CEO, 2020
CEO → Chief Executive Officer, 2024
On filings since 2019
50 hrs/week
$353K (2019) → $389K (2025)
Mary Jane Stevenson
Market President
New on the 2025 filing
50 hrs/week
$230K (2025)
George Nichols III
Chair
Trustee → Chair, 2022
On filings since 2019
1 hr/week
No compensation reported
Andrea Encarnacao Martin
Trustee
On filings since 2019
1 hr/week
No compensation reported
David Einhorn
Trustee
On filings since 2019
1 hr/week
No compensation reported
Larry Neiterman
Trustee
On filings since 2019
1 hr/week
No compensation reported
Michele Cahill
Trustee
On filings since 2019
1 hr/week
No compensation reported
Sandy Edgerley
Trustee
On filings since 2019
1 hr/week
No compensation reported
Tushara Canekeratne
Trustee
On filings since 2019
1 hr/week
No compensation reported
Wendy Spencer
Trustee
On filings since 2019
1 hr/week
No compensation reported
Ana Mari Ortega
Trustee
On filings since 2021
1 hr/week
No compensation reported
Natalie Lamarque
Trustee
On filings since 2021
1 hr/week
No compensation reported
Steve Birchard
Trustee
On filings since 2021
1 hr/week
No compensation reported
Sally Dornaus
Trustee
On filings since 2022
1 hr/week
No compensation reported
Dalila Wilson-Scott
Trustee
On filings since 2023
1 hr/week
No compensation reported
Kim Smith
Trustee
On filings since 2023
1 hr/week
No compensation reported
Joanne Rodgers
Trustee
On filings since 2024
1 hr/week
No compensation reported
Alice Kwan
Trustee
New on the 2025 filing
1 hr/week
No compensation reported
Annmaura Connolly
Chief Strategy Officer
On filings since 2019
50 hrs/week
$277K (2019) → $292K (2025)
Mithra Irani Ramaley
Chief Development, Recruit & Alumni Officer
Chief People Officer → Chief Development, Recruit & Alumni Officer, 2024
On filings since 2019
50 hrs/week
$244K (2019) → $295K (2025)
Shanuah Beamon
CAO, General Consl & Co-Clk
Co-Clerk & General Counsel → Chief Administrator Officer, General Counsel & Co-Clerk, 2024
Chief Administrator Officer, General Counsel & Co-Clerk → CAO, General Consl & Co-Clk, 2025
On filings since 2019
50 hrs/week
$239K (2019) → $326K (2025)
Stephanie Wu
Chief Transformation Officer
Chief Program & Design Officer → Chief Program & Design Ofc, 2021
Chief Program & Design Ofc → Chief Transformation Officer, 2022
On filings since 2019
50 hrs/week
$245K (2019) → $270K (2025)
Ellen Gulachenski
Chief Information Officer
On filings since 2021
50 hrs/week
$247K (2021) → $222K (2025)
John Tupponce
Chief Operating Officer
On filings since 2022
50 hrs/week
$287K (2022) → $294K (2025)
Kanna Kunchala
Acting CFO, Executive Vice President, Cso & Cos
Senior Vice President & Chief of Staff → Acting CFO, Cso & Chief of Staff, 2024
Acting CFO, Cso & Chief of Staff → Acting CFO, Executive Vice President, Cso & Cos, 2025
On filings since 2023
50 hrs/week
$302K (2023) → $288K (2025)
Stephen Spaloss
Chief Enterp Social Responsblty Officer
Chief Equity Officer → Chief Enterp Social Responsblty Officer, 2024
On filings since 2023
50 hrs/week
$248K (2023) → $233K (2025)
Rume Joy Azikiwe-Oyeyemi
Chief Human Resource Officer
On filings since 2024
50 hrs/week
$258K (2024) → $246K (2025)
Alyson Augustin
Senior Vice President Governmental Relations
New on the 2025 filing
50 hrs/week
$230K (2025)
George Chu
CFO
New on the 2025 filing
50 hrs/week
$267K (2025)
Tom Ward
Co-Clerk
On filings since 2019
1 hr/week
No compensation reported
Former officers (29)
- Former: Carol Johnson (2019–2024) — Trustee
- Former: Jeffrey Jablow (2019–2024) — Enterprise Improvement
- Former: Jessica Greenfield (2019–2024) — Cfao
- Former: Kevin Bradshaw (2024) — Executive Director
- Former: C. Gregg Petersmeyer (2019–2023) — Trustee
- Former: Jennifer Eplett Reilly (2019–2023) — Trustee & Co-Founder
- Former: Joe Banner (2019–2023) — Trustee
- Former: Stephen Woodsum (2019–2023) — Trustee
- Former: Gregory Gunn (2022–2023) — Trustee
- Former: Mary Jane Ricciardulli (2023) — Market President
- Former: Allison Graff-Weisner (2019–2022) — Chief Development Officer
- Former: David Cohen (2019–2022) — Chair
- Former: Enrique Salem (2019–2022) — Trustee
- Former: Dheeraj Kunchala (2020–2022) — Senior Vice President & Chief of Staff
- Former: Sandra Burke (2021–2022) — Senior Vice President, Strategy & Operations
- Former: Dalila Wilson Scott (2022) — Trustee
- Former: Jonathon Lavine (2022) — Trustee
- Former: Andrew Hauptman (2019–2021) — Trustee
- Former: Ilene Jacobs (2019–2021) — Vice Chair
- Former: Jeff Shames (2019–2021) — Trustee
- Former: Johnathan Lavine (2019–2021) — Trustee
- Former: Kristen Atwood (2019–2021) — Trustee
- Former: Michael Brown (2019–2021) — CEO & Co-Founder
- Former: Rosabeth Moss Kanter (2019–2021) — Trustee
- Former: Greg Gunn (2021) — Trustee
- Former: Gregg Petersmeyer (2021) — Trustee
- Former: Christine Morin (2019–2020) — Chief Growth & Ext Affairs Officer
- Former: Sean J. Holleran (2019–2020) — COO
- Former: Josh Bekenstein (2019) — Trustee
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $389K, to James Balfanz (Chief Executive Officer). 13 officers or directors reported compensation on that filing.
Frequently asked questions about City Year Inc
How much does City Year Inc give each year?
City Year Inc gave $735K across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $1.1M across 1 grant.
How large is City Year Inc?
City Year Inc reported $84.7M in total assets on its 2025 IRS Form 990. Its revenue that year was $173.1M.
Where does City Year Inc operate?
City Year Inc has awarded grants in Colorado, Maryland.
What is City Year Inc's EIN?
City Year Inc's EIN (Employer Identification Number) is 22-2882549. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2021 (received by the IRS May 16, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS May 15, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS April 26, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS May 14, 2025)
- Updated Form 990 for fiscal year 2025 (received by the IRS February 11, 2026)
- Updated Form 990 for fiscal year 2019 (received by the IRS October 26, 2021)
- Updated Form 990 for fiscal year 2020 (received by the IRS May 12, 2021)
- IRS filings on file for fiscal years 2019–2025
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