Small Business Utility Advocates

Analysis

Small Business Utility Advocates is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in October 2014, 12 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, Small Business Utility Advocates reported income of $2.0m and spending of $1.7m, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $297k to $2.0m (+563%), an average of +60% a year. The sharpest change came in the year to December 2020, when income rose by 124%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Small Business Utility Advocates sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include Joseph T Simpson Public Library ($2.0m), North Dakota Firefighters Association ($2.0m) and Clare Towers Inc ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.5% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $275k (16% of expenses). Other salaries and wages came to $216k. At year end it held assets of $323k against liabilities of $150k, net assets of $173k. It reported 3 employees.