Ihub San Joaquin

Analysis

Ihub San Joaquin is a registered charity in United States, based in Stockton, CA. It received its IRS tax-exemption ruling in July 2015, 11 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 2023, Ihub San Joaquin reported income of $278k and spending of $271k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $132k to $278k (+111%), an average of +111% a year. The sharpest change came in the year to December 2023, when income rose by 111%. Over the whole period it spent 79% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Ihub San Joaquin sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 63rd percentile within CA. Charities of a similar size with the same main cause include Geneva Community Projects Inc ($278k), Working Family Solidarity ($278k) and Veiled Prophet Foundation ($277k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $243k against liabilities of $0, net assets of $243k.