Bay Area Resource for Newcomers

Analysis

Bay Area Resource for Newcomers is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in October 2010, 16 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2023, Bay Area Resource for Newcomers reported income of $390k and spending of $330k, spending 85% of its income. Across the 5 years on record, from December 2019 to September 2023, income grew from $228k to $390k (+71%), an average of +14% a year. The sharpest change came in the year to December 2022, when income rose by 35%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bay Area Resource for Newcomers sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 68th percentile within CA. Charities of a similar size with the same main cause include Salt Lake County Jr Livestock Program Inc ($390k), National Young Mens Service League ($390k) and Crossroads Pregnancy Resource Center ($390k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $108k (33% of expenses). Other salaries and wages came to $163k. At year end it held assets of $207k against liabilities of $37k, net assets of $171k. It reported 8 employees.