San Francisco Market Corporation

Analysis

San Francisco Market Corporation is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in January 2014, 12 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, San Francisco Market Corporation reported income of $14.7m and spending of $3.3m, leaving 78% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.9m to $14.7m (+149%), an average of +26% a year. The sharpest change came in the year to December 2023, when income rose by 114%. Over the whole period it spent 52% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, San Francisco Market Corporation sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within CA. Charities of a similar size with the same main cause include Northwest Laborers-Employers Train ($14.7m), Marc Inc of Manchester ($14.8m) and Dreamspring ($14.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 43% of the total. Compensation of current officers, directors and key employees was $260k (7.9% of expenses). Other salaries and wages came to $453k. At year end it held assets of $59.8m against liabilities of $2.8m, net assets of $57.0m. It reported 11 employees.