1st Place 2 Start

Analysis

1st Place 2 Start is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in February 2003, 23 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, 1st Place 2 Start reported income of $545k and spending of $612k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $385k to $545k (+41%), an average of +9.1% a year. The sharpest change came in the year to December 2022, when income rose by 59%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, 1st Place 2 Start sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 73rd percentile within CA. Charities of a similar size with the same main cause include Partnership International Inc ($545k), Wee Care Child Care Center of East Falls ($545k) and Community Compassion Network ($545k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 10% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $273k (45% of expenses). Other salaries and wages came to $210k. At year end it held assets of $810k against liabilities of $77, net assets of $810k. It reported 8 employees.