Peninsula Family Service

Analysis

Peninsula Family Service is a registered charity in United States, based in San Mateo, CA. It received its IRS tax-exemption ruling in November 1950, 76 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Peninsula Family Service reported income of $19.9m and spending of $19.5m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $13.5m to $19.9m (+47%), an average of +10% a year. The sharpest change came in the year to June 2021, when income rose by 15%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Peninsula Family Service sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within CA. Charities of a similar size with the same main cause include Nourish Up ($19.9m), Sterling Home Care Inc ($19.9m) and Wesley Community Services Inc ($19.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $1.1m (5.8% of expenses). Other salaries and wages came to $10.4m. At year end it held assets of $12.8m against liabilities of $4.2m, net assets of $8.5m. It reported 264 employees.