Fotc - SF Bay Area

Analysis

Fotc - SF Bay Area is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in November 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. 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 August 2023, Fotc - SF Bay Area reported income of $2.5m and spending of $3.0m, spending 123% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.5m to $2.5m (+63%), an average of +13% a year. The sharpest change came in the year to August 2022, when income rose by 131%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Fotc - SF Bay Area sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within CA. Charities of a similar size with the same main cause include West Virginia Academy Ltd ($2.5m), Friends Meeting School Inc ($2.5m) and Wenatchee Valley College Foundation Inc ($2.5m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 102% of the total. Compensation of current officers, directors and key employees was $189k (6.3% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $3.1m against liabilities of $136k, net assets of $3.0m. It reported 27 employees.