Simply the Basics

Analysis

Simply the Basics is a registered charity in United States, based in Benicia, CA. It received its IRS tax-exemption ruling in May 2016, 10 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 June 2024, Simply the Basics reported income of $424k and spending of $461k, spending 109% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $215k to $424k (+97%), an average of +18% a year. The sharpest change came in the year to June 2022, when income rose by 40%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Simply the Basics sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 69th percentile within CA. Charities of a similar size with the same main cause include Hope 4 Kids Incorporated ($424k), Independence Farm Inc 010192 ($424k) and Jacobs Village Inc ($424k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $103k (22% of expenses). Other salaries and wages came to $83k. At year end it held assets of $231k against liabilities of $0, net assets of $231k. It reported 2 employees.