Obodo Collective

Analysis

Obodo Collective is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in September 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, Obodo Collective reported income of $462k and spending of $354k, leaving 23% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $316k to $462k (+47%), an average of +21% a year. The sharpest change came in the year to December 2022, when income rose by 153%. Over the whole period it spent 76% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Obodo Collective sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 71st percentile within CA. Charities of a similar size with the same main cause include Community Resource Connection Inc ($462k), Fairness & Accuracy in Reporting Inc ($462k) and Flatbush Ave District Management Association ($462k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $170k. At year end it held assets of $408k against liabilities of $0, net assets of $408k.