Calm Inc

Analysis

Calm Inc is a registered charity in United States, based in Santa Barbara, CA. It received its IRS tax-exemption ruling in April 1971, 55 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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, Calm Inc reported income of $8.6m and spending of $9.0m, spending 105% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $8.4m to $8.6m (+2.3%), an average of +0.6% a year. The sharpest change came in the year to June 2020, when income rose by 22%. Over the whole period it spent 90% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Calm Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within CA. Charities of a similar size with the same main cause include Hebrew Home for the Aged Atriverdale Foundation Inc ($8.5m), Advocates for Children of Ny Inc ($8.6m) and Southern California Housing Rights Center ($8.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 29% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $217k (2.4% of expenses). Other salaries and wages came to $5.7m. At year end it held assets of $21.3m against liabilities of $1.7m, net assets of $19.6m. It reported 132 employees.