Artists Hub on Market

Analysis

Artists Hub on Market is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in January 2023, 3 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Artists Hub on Market reported income of $1.1m and spending of $280k, leaving 74% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $672k to $1.1m (+59%), an average of +58% a year. The sharpest change came in the year to December 2023, when income rose by 59%. Over the whole period it spent 42% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Artists Hub on Market 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 80th percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include Shenandoah Fellowship Foundation ($1.1m), Casa Familia Inc ($1.1m) and TG 101 Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m.