Conard House Inc

Analysis

Conard House Inc is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in May 1962, 64 years ago. 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, Conard House Inc reported income of $18.4m and spending of $17.7m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $13.3m to $18.4m (+38%), an average of +8.5% a year. The sharpest change came in the year to June 2023, when income rose by 17%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Conard House Inc 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 Prospect Sierra School ($18.4m), Young Mens Christian Association Southcoast Incorporated ($18.4m) and Linfield Christian School ($18.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% and program service revenue 6.8% of the total. Compensation of current officers, directors and key employees was $245k (1.4% of expenses). Other salaries and wages came to $7.6m. At year end it held assets of $9.8m against liabilities of $7.1m, net assets of $2.7m. It reported 165 employees.