Centerspot Inc

Analysis

Centerspot Inc is a registered charity in United States, based in Concord, CA. It received its IRS tax-exemption ruling in January 2004, 22 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2023, Centerspot Inc reported income of $164k and spending of $0, leaving 100% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $155k to $164k (+6.0%), an average of +1.5% a year. Over the whole period it spent 0.0% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Centerspot Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 51st percentile within CA. Charities of a similar size with the same main cause include Osage Financial Resources Inc an Oklahoma Non Profit Corporation ($164k), St James Development Corporation Inc ($164k) and Skyline Apartments Inc ($164k).

At year end it held assets of $3.3m against liabilities of $1.3m, net assets of $2.1m.