California Portsmouth Squareassociation

Analysis

California Portsmouth Squareassociation is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in April 2020, 6 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 December 2023, California Portsmouth Squareassociation reported income of $131k and spending of $397k, spending 302% of what it took in. The sharpest change came in the year to December 2023, when income rose by 146%. Over the whole period it spent 368% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, California Portsmouth Squareassociation sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 46th percentile within CA. Charities of a similar size with the same main cause include Samehere Global Inc ($131k), Project 58-10 Inc ($131k) and Sneakers with Soul ($131k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $100k against liabilities of $818k, net assets of -$718k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.