Bay Area Community Benefit Organization

Analysis

Bay Area Community Benefit Organization is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in March 2018, 8 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 2022, Bay Area Community Benefit Organization reported income of $423k and spending of $892k, spending 211% of what it took in. Across the 3 years on record, from December 2020 to December 2022, income fell from $2.5m to $423k (-83%), an average of -58% a year. The sharpest change came in the year to December 2021, when income rose by 948%. Over the whole period it spent 99% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Bay Area Community Benefit Organization sits at the 64th percentile: it is larger than about 64% 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 United Methodist College Washington Consortium ($423k), Central Avenue Historic Business Improvement District ($424k) and Arden Club Inc ($423k).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 100% of the total. Other salaries and wages came to $70k. At year end it held assets of $356k against liabilities of $63k, net assets of $293k.