Calso Community Inc

Analysis

Calso Community Inc is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in December 2014, 12 years ago. Its declared purposes cover employment, 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 2022, Calso Community Inc reported income of $2.3m and spending of $10.4m, spending 447% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $1.1m to $2.3m (+115%), an average of +29% a year. The sharpest change came in the year to December 2020, when income rose by 300%. Over the whole period it spent 177% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Calso Community Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within CA. Charities of a similar size with the same main cause include Agudath Israel of Lakewood New Jersey Community Services Inc ($2.3m), Black Executive Cmo Alliance ($2.3m) and Slavic Village Development ($2.3m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $52k (0.5% of expenses). Other salaries and wages came to $64k. At year end it held assets of $1.2m against liabilities of $396k, net assets of $797k. It reported 3 employees.