Consumer Credit Counseling Service of San Francisco

Analysis

Consumer Credit Counseling Service of San Francisco is a registered charity in United States, based in Walnut Creek, CA. It received its IRS tax-exemption ruling in July 1974, 52 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Consumer Credit Counseling Service of San Francisco reported income of $20.9m and spending of $19.2m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $8.8m to $20.9m (+136%), an average of +24% a year. The sharpest change came in the year to December 2021, when income rose by 77%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Consumer Credit Counseling Service of San Francisco 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 Ohr Avner Foundation Inc ($20.9m), Birch Community Services Inc ($20.9m) and Our Hospice of South Central Indiana Inc ($20.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $459k (2.4% of expenses). Other salaries and wages came to $4.3m. At year end it held assets of $14.8m against liabilities of $6.2m, net assets of $8.6m. It reported 84 employees.