Union Square Foundation

Analysis

Union Square Foundation is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in January 2018, 8 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 2023, Union Square Foundation reported income of $1.2m and spending of $1.1m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $364k to $1.2m (+234%), an average of +35% a year. The sharpest change came in the year to June 2022, when income rose by 1770%. Over the whole period it spent 69% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Union Square Foundation sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within CA. Charities of a similar size with the same main cause include Innercity Collaborative Community Development Corporation ($1.2m), Easter Seals East Georgia Inc ($1.2m) and Help Agency of the Forest Inc ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 85% of the total. At year end it held assets of $1.7m against liabilities of $440k, net assets of $1.3m.