Public Advocates Inc

Analysis

Public Advocates Inc is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in February 1971, 55 years ago. 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, Public Advocates Inc reported income of $7.0m and spending of $6.7m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.1m to $7.0m (+69%), an average of +14% a year. The sharpest change came in the year to June 2020, when income rose by 53%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Public Advocates Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include Beds Plus Inc ($7.0m), Aga ($7.0m) and North Oakland Residential Services Inc ($7.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $900k (14% of expenses). Other salaries and wages came to $2.9m. At year end it held assets of $15.3m against liabilities of $796k, net assets of $14.5m. It reported 39 employees.