Hebrew Free Loan of San Diego

Analysis

Hebrew Free Loan of San Diego is a registered charity in United States, based in LA Jolla, CA. It received its IRS tax-exemption ruling in September 2020, 6 years ago. 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, Hebrew Free Loan of San Diego reported income of $707k and spending of $244k, leaving 65% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $508k to $707k (+39%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 48%. Over the whole period it spent 28% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hebrew Free Loan of San Diego sits at the 73rd percentile: it is larger than about 73% 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 Goforth Media Inc ($707k), Blauvelt Volunteer Fire Company Inc ($707k) and Leadership Council San Mateo County ($707k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $182k (75% of expenses). At year end it held assets of $1.5m against liabilities of $57k, net assets of $1.5m. It reported 4 employees.