Civic Center Community Benefit District Inc

Analysis

Civic Center Community Benefit District Inc is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in September 2011, 15 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Civic Center Community Benefit District Inc reported income of $4.9m and spending of $5.3m, spending 107% of what it took in. Across the 6 years on record, from June 2019 to December 2023, income grew from $4.6m to $4.9m (+7.2%), an average of +1.4% a year. The sharpest change came in the year to December 2020, when income rose by 381%. Over the whole period it spent 85% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Civic Center Community Benefit District Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within CA. Charities of a similar size with the same main cause include Preparatory Rehabilitation for Individual Development & Employmen ($4.9m), Opportunity Communities LLC ($4.9m) and Somos Mayfair Inc ($4.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 25% and program service revenue 73% of the total. Other salaries and wages came to $560k. At year end it held assets of $7.8m against liabilities of $4.1m, net assets of $3.7m.