Discover Polk Community Benefit District

Analysis

Discover Polk Community Benefit District is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in March 2019, 7 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, Discover Polk Community Benefit District reported income of $693k and spending of $752k, spending 109% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $654k to $693k (+6.0%), an average of +2.0% a year. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Discover Polk Community Benefit District sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within CA. Charities of a similar size with the same main cause include Suncoast Center for Independent Living Inc ($693k), Casa of Philadelphia County ($693k) and Infinite Horizons Learning Center Inc ($693k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.5% and program service revenue 96% of the total. At year end it held assets of $820k against liabilities of $117k, net assets of $704k.