The San Francisco Housing Accelerator Fund

Analysis

The San Francisco Housing Accelerator Fund is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in August 2015, 11 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, The San Francisco Housing Accelerator Fund reported income of $16.3m and spending of $4.9m, leaving 70% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $21.9m to $16.3m (-25%), an average of -7.0% a year. The sharpest change came in the year to June 2022, when income rose by 163%. Over the whole period it spent 17% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, The San Francisco Housing Accelerator Fund sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within CA. Charities of a similar size with the same main cause include Integrated Supports for Living Inc ($16.3m), Central Arizona Shelter Services Inc ($16.4m) and Villa St Francis Catholic Care Center Inc ($16.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 38% and program service revenue 50% of the total. Compensation of current officers, directors and key employees was $778k (16% of expenses). Other salaries and wages came to $598k. At year end it held assets of $244.7m against liabilities of $145.2m, net assets of $99.4m. It reported 10 employees.