San Luis Obispo Wesley Community

Analysis

San Luis Obispo Wesley Community is a registered charity in United States, based in SN Luis Obisp, CA. It received its IRS tax-exemption ruling in October 1974, 52 years ago. The IRS classifies it as a church under section 501(c)(3).

In the financial year ending June 2024, San Luis Obispo Wesley Community reported income of $58k and spending of $64k, spending 111% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $48k to $58k (+21%), an average of +4.9% a year. The sharpest change came in the year to June 2023, when income rose by 26%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, San Luis Obispo Wesley Community sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 25th percentile within CA. Charities of a similar size with the same main cause include Cincinnati Irish Cultural Society ($58k), American Society of Heating Refrigerating & Ac Engineers ($58k) and Little League Baseball Inc ($58k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 99% of the total. At year end it held assets of $642k against liabilities of $13k, net assets of $628k.