The Commonwealth Club - World Affairs of California

Analysis

The Commonwealth Club - World Affairs of California is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in April 1938, 88 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, The Commonwealth Club - World Affairs of California reported income of $6.6m and spending of $8.2m, spending 124% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $11.1m to $6.6m (-40%), an average of -12% a year. The sharpest change came in the year to June 2022, when income rose by 35%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Commonwealth Club - World Affairs of California sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include Dna-Peoples Legal Services Inc ($6.6m), Greater West Town Community Development Project ($6.6m) and Young Mens Christian Assn Normal ($6.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 69% and program service revenue 7.1% of the total. Compensation of current officers, directors and key employees was $365k (4.4% of expenses). Other salaries and wages came to $3.4m. At year end it held assets of $31.3m against liabilities of $5.6m, net assets of $25.7m. It reported 53 employees.