San Francisco Institute of Possibility Incorporated

Analysis

San Francisco Institute of Possibility Incorporated 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 arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, San Francisco Institute of Possibility Incorporated reported income of $123k and spending of $139k, spending 113% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $218k to $123k (-44%), an average of -44% a year. The sharpest change came in the year to December 2023, when income dropped by 44%. Over the whole period it spent 91% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, San Francisco Institute of Possibility Incorporated sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 44th percentile within CA. Charities of a similar size with the same main cause include Alliance of Arts and Athletics ($123k), Operatunity Theatre ($123k) and Raleigh Chinese Language School ($123k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 31% of the total. At year end it held assets of $1,570 against liabilities of $9,064, net assets of -$7,494.