Burnham Center for Community Advancement

Analysis

Burnham Center for Community Advancement is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in June 2020, 6 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 2023, Burnham Center for Community Advancement reported income of $9.6m and spending of $1.6m, leaving 84% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $914k to $9.6m (+954%), an average of +225% a year. The sharpest change came in the year to December 2023, when income rose by 308%. Over the whole period it spent 30% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Burnham Center for Community Advancement sits at the 96th percentile: it is larger than about 96% 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 Community Action of Greater Indianapolis Inc ($9.6m), Leads ($9.6m) and Texas Appleseed ($9.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $225k (14% of expenses). Other salaries and wages came to $682k. At year end it held assets of $9.6m against liabilities of $408k, net assets of $9.2m. It reported 10 employees.