California Street Corporation

Analysis

California Street Corporation is a registered charity in United States, based in Needham, MA. It received its IRS tax-exemption ruling in May 1997, 29 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, California Street Corporation reported income of $64k and spending of $75k, spending 118% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $62k to $64k (+2.5%), an average of +2.5% a year. Over the whole period it spent 128% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, California Street Corporation sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 34th percentile within MA. Charities of a similar size with the same main cause include Community Harvest ($64k), Young County Warrior Ranch ($64k) and Sustainable Mountain Agriculture Center Inc ($64k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 53% and program service revenue 34% of the total. At year end it held assets of $254k against liabilities of $464k, net assets of -$210k.