The@kelsey

Analysis

The@kelsey is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in May 2020, 6 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 2023, The@kelsey reported income of $2.0m and spending of $2.1m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $232k to $2.0m (+772%), an average of +72% a year. The sharpest change came in the year to December 2020, when income rose by 1429%. Over the whole period it spent 36% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, The@kelsey sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within CA. Charities of a similar size with the same main cause include Awaken Inc ($2.0m), Habitat for Humanity International Inc ($2.0m) and Inn Between of Longmont Inc ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.1% of the total. Compensation of current officers, directors and key employees was $345k (17% of expenses). Other salaries and wages came to $912k. It paid $2,292 in professional fundraising fees. At year end it held assets of $10.5m against liabilities of $117k, net assets of $10.4m. It reported 17 employees.