Center for Humane Technology

Analysis

Center for Humane Technology is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in June 2018, 8 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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, Center for Humane Technology reported income of $9.5m and spending of $3.3m, leaving 65% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.9m to $9.5m (+223%), an average of +34% a year. The sharpest change came in the year to June 2023, when income rose by 305%. Over the whole period it spent 64% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Center for Humane Technology sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within CA. Charities of a similar size with the same main cause include Admiral Nimitz Foundation ($9.5m), Museum of Contemporary Art San Diego ($9.5m) and Ballet Austin Incorporated ($9.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 102% of the total. Compensation of current officers, directors and key employees was $505k (15% of expenses). Other salaries and wages came to $1.3m. It paid $59k in professional fundraising fees. At year end it held assets of $8.9m against liabilities of $133k, net assets of $8.8m. It reported 16 employees.