Deaconess-Krafft Center

Analysis

Deaconess-Krafft Center is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in July 1973, 53 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Deaconess-Krafft Center reported income of $1.2m and spending of $757k, leaving 39% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.2m (+6.9%), an average of +1.7% a year. Over the whole period it spent 68% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Deaconess-Krafft Center sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within CA. Charities of a similar size with the same main cause include Ready for Life Inc ($1.2m), International Society of Behavioral Nutrition and Physical Activity ($1.2m) and Family Promise of Greater Orlando Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 29% of the total. At year end it held assets of $3.4m against liabilities of $171k, net assets of $3.3m.