Nor-Cal FDC

Analysis

Nor-Cal FDC is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in October 1978, 48 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, Nor-Cal FDC reported income of $2.2m and spending of $2.2m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.9m to $2.2m (+17%), an average of +4.0% a year. The sharpest change came in the year to June 2022, when income rose by 66%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Nor-Cal FDC sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within CA. Charities of a similar size with the same main cause include American Water Works Association ($2.2m), Academy for Jewish Religion ($2.2m) and Inland Empire Residential Resources Inc ($2.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 14% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $725k (33% of expenses). Other salaries and wages came to $175k. At year end it held assets of $1.1m against liabilities of $307k, net assets of $800k. It reported 2 employees.