Handson Bay Area

Analysis

Handson Bay Area is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in August 1993, 33 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, Handson Bay Area reported income of $3.3m and spending of $3.5m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.3m to $3.3m (+0.1%), an average of +0.0% a year. The sharpest change came in the year to December 2021, when income rose by 85%. Over the whole period it spent 98% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Handson Bay Area sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include Business Council ($3.3m), Star House Foundation ($3.3m) and Shelton Landmark Foundation ($3.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.0% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $219k (6.3% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $2.6m against liabilities of $1.1m, net assets of $1.5m. It reported 36 employees.