Community Arts Stabilization

Analysis

Community Arts Stabilization is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in June 2014, 12 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 December 2023, Community Arts Stabilization reported income of $6.3m and spending of $7.2m, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $6.3m (+513%), an average of +57% a year. The sharpest change came in the year to December 2023, when income rose by 391%. Over the whole period it spent 76% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Community Arts Stabilization 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 93rd percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include St Marys Dining Room ($6.3m), Second Chance Center Inc ($6.3m) and Rowan Helping Ministries ($6.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 34% and program service revenue 0.9% of the total. Compensation of current officers, directors and key employees was $817k (11% of expenses). Other salaries and wages came to $732k. At year end it held assets of $30.4m against liabilities of $2.3m, net assets of $28.1m. It reported 19 employees.