Balboa Park Online Collaborative

Analysis

Balboa Park Online Collaborative is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in February 2005, 21 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 December 2023, Balboa Park Online Collaborative reported income of $1.6m and spending of $1.1m, leaving 33% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.6m (+35%), an average of +7.7% a year. The sharpest change came in the year to December 2023, when income rose by 78%. Over the whole period it spent 99% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Balboa Park Online Collaborative sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within CA. Charities of a similar size with the same main cause include John J and Pauline Gerlach Foundation ($1.6m), American Friends of Mosdot Meir of Israel Inc ($1.6m) and Brompton Community Housing Development Corporation ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 47% of the total. Compensation of current officers, directors and key employees was $258k (24% of expenses). Other salaries and wages came to $430k. At year end it held assets of $1.1m against liabilities of $271k, net assets of $802k. It reported 7 employees.