Bayview Hunters Point Foundation for Community Improvement Inc

Analysis

Bayview Hunters Point Foundation for Community Improvement Inc is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in November 1971, 55 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, Bayview Hunters Point Foundation for Community Improvement Inc reported income of $20.8m and spending of $19.3m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.0m to $20.8m (+318%), an average of +43% a year. The sharpest change came in the year to June 2022, when income rose by 100%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bayview Hunters Point Foundation for Community Improvement Inc sits at the 98th percentile: it is larger than about 98% 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 Massachusetts Military Support Foundation Inc ($20.8m), Prince William Sound Aquaculture Corp ($20.9m) and Gateway Homes Inc ($20.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $278k (1.4% of expenses). Other salaries and wages came to $10.2m. At year end it held assets of $14.4m against liabilities of $12.4m, net assets of $2.0m. It reported 360 employees.