1155 Market Qalicb

Analysis

1155 Market Qalicb is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in April 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation (type iii functionally integrated) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, 1155 Market Qalicb reported income of $17.1m and spending of $1.9m, leaving 89% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $112k to $17.1m (+15148%), an average of +251% a year. The sharpest change came in the year to September 2023, when income rose by 15148%. Over the whole period it spent 56% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, 1155 Market Qalicb sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within CA. Charities of a similar size with the same main cause include Wedontwaste Inc ($17.1m), State Alliance of Michigan Ymcas ($17.1m) and Attic Angel Place Inc ($17.1m).

At year end it held assets of $29.9m against liabilities of $0, net assets of $29.9m.