Mission Neighborhood Centers Inc

Analysis

Mission Neighborhood Centers Inc is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in February 1959, 67 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, Mission Neighborhood Centers Inc reported income of $41.5m and spending of $37.8m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $22.6m to $41.5m (+84%), an average of +16% a year. The sharpest change came in the year to June 2023, when income rose by 41%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mission Neighborhood Centers Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within CA. Charities of a similar size with the same main cause include United Planning Organization ($41.5m), Masonic Homes of Kentucky Inc ($41.6m) and Childhelp Inc ($41.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $919k (2.4% of expenses). Other salaries and wages came to $13.6m. At year end it held assets of $29.8m against liabilities of $14.0m, net assets of $15.8m. It reported 404 employees.