Startout

Analysis

Startout is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in December 2009, 17 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 December 2022, Startout reported income of $3.0m and spending of $2.7m, spending 90% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $1.3m to $3.0m (+126%), an average of +31% a year. The sharpest change came in the year to December 2021, when income rose by 79%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Startout sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include Sparks Way Commons Inc ($3.0m), Make-A-Wish Foundation of the Hudson Valley Inc ($3.0m) and Marc Childrens Services ($3.0m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 86% and program service revenue 14% of the total. Other salaries and wages came to $1.4m. At year end it held assets of $2.0m against liabilities of $788k, net assets of $1.2m. It reported 23 employees.