Delancy Street California

Analysis

Delancy Street California is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in April 1971, 55 years ago. Its declared purposes cover employment, 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 December 2023, Delancy Street California reported income of $8.0m and spending of $9.2m, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $10.5m to $8.0m (-23%), an average of -6.4% a year. The sharpest change came in the year to December 2020, when income dropped by 21%. Over the whole period it spent 121% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Delancy Street California sits at the 95th percentile: it is larger than about 95% 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 Southwest Michigan First Corporation ($8.0m), Baltimore Corps Inc ($8.0m) and Minneapolis - St Paul Regional Economic Development Partnership ($8.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 2.6% of the total. At year end it held assets of $34.9m against liabilities of $24.7m, net assets of $10.2m.

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.