Catchafire Foundation

Analysis

Catchafire Foundation is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in June 2010, 16 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Catchafire Foundation reported income of $1.5m and spending of $1.5m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.5m (+39%), an average of +8.5% a year. The sharpest change came in the year to December 2020, when income rose by 65%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Catchafire Foundation sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include Kanawha Valley Homes Inc ($1.5m), Young Womens Christian Association of the Greater Capital Region Inc ($1.5m) and Greater Wheeling Coalition for the Homeless Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $2,174 against liabilities of $109k, net assets of -$107k.