Develop for Good

Analysis

Develop for Good is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in August 2020, 6 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Develop for Good reported income of $612k and spending of $273k, leaving 55% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $141k to $612k (+333%), an average of +334% a year. The sharpest change came in the year to June 2023, when income rose by 333%. Over the whole period it spent 53% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Develop for Good sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 75th percentile within CA. Charities of a similar size with the same main cause include Women in Fire ($612k), Jewish Community Council of Winston-Salem ($612k) and United Way of Morgan County Colorado ($612k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% and program service revenue 5.4% of the total. Compensation of current officers, directors and key employees was $44k (16% of expenses). Other salaries and wages came to $54k. At year end it held assets of $433k against liabilities of $0, net assets of $433k. It reported 2 employees.