SF New Deal

Analysis

SF New Deal 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 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 December 2023, SF New Deal reported income of $9.7m and spending of $10.1m, spending 105% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $6.4m to $9.7m (+51%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 703%. Over the whole period it spent 72% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, SF New Deal sits at the 94th percentile: it is larger than about 94% 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 Marine Corps Heritage Foundation ($9.7m), National Foundation for Credit Counseling Inc ($9.7m) and Young Mens Christian Association Blue Ridge Assembly ($9.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $213k (2.1% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $6.7m against liabilities of $240k, net assets of $6.5m. It reported 22 employees.