Sempra Employee Giving Network

Analysis

Sempra Employee Giving Network is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in May 2002, 24 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Sempra Employee Giving Network reported income of $1.9m and spending of $2.3m, spending 122% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $1.7m to $1.9m (+7.7%), an average of +1.5% a year. Over the whole period it spent 100% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Sempra Employee Giving Network 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 85th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include Ruth M Harkins McKeown Trust Under Will F/B/O Salem Community Foundat ($1.9m), Syngap Research Fund Incorporated ($1.9m) and Hilo Medical Center Foundation ($1.9m).

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 $672k against liabilities of $575k, net assets of $97k.