San Francisco Bay Area Yan Xin Qigong Society

Analysis

San Francisco Bay Area Yan Xin Qigong Society is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in July 1997, 29 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, San Francisco Bay Area Yan Xin Qigong Society reported income of $134k and spending of $74k, leaving 45% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $35k to $134k (+288%), an average of +40% a year. The sharpest change came in the year to December 2020, when income rose by 722%. Over the whole period it spent 25% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, San Francisco Bay Area Yan Xin Qigong Society sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 46th percentile within CA. Charities of a similar size with the same main cause include Beyond the Baby Blues ($134k), Children of Vinh Son Orphanage Inc ($134k) and Behavior Development Corporation ($134k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% of the total. At year end it held assets of $1.2m against liabilities of $18k, net assets of $1.1m.