Castro Upper Market Community Benefit District Inc

Analysis

Castro Upper Market Community Benefit District Inc is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in December 2005, 21 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Castro Upper Market Community Benefit District Inc reported income of $1.5m and spending of $1.4m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $914k to $1.5m (+65%), an average of +13% a year. The sharpest change came in the year to June 2022, when income rose by 29%. Over the whole period it spent 100% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Castro Upper Market Community Benefit District Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include United Mine Workers of America Career Centers Inc ($1.5m), Feed the Soul Foundation ($1.5m) and Vuela for Health ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 43% and program service revenue 57% of the total. Other salaries and wages came to $77k. At year end it held assets of $784k against liabilities of $136k, net assets of $648k. It reported 3 employees.