Hebrew Free Loan Association of San Francisco

Analysis

Hebrew Free Loan Association of San Francisco is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in January 1935, 91 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, Hebrew Free Loan Association of San Francisco reported income of $2.9m and spending of $2.4m, spending 82% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.1m to $2.9m (+41%), an average of +8.9% a year. The sharpest change came in the year to June 2022, when income rose by 126%. Over the whole period it spent 62% 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 Association of San Francisco sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include Association of Waldorf Schools ($2.9m), Marine Science Consortium Inc ($2.9m) and Spokane Regional Sports Commission ($2.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% of the total. Compensation of current officers, directors and key employees was $471k (20% of expenses). Other salaries and wages came to $994k. At year end it held assets of $27.6m against liabilities of $6.9m, net assets of $20.7m. It reported 11 employees.