Buen Dia Corporation

Analysis

Buen Dia Corporation is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in February 1980, 46 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 June 2023, Buen Dia Corporation reported income of $947k and spending of $828k, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $738k to $947k (+28%), an average of +6.4% a year. The sharpest change came in the year to June 2022, when income rose by 22%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Buen Dia Corporation sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within CA. Charities of a similar size with the same main cause include Restaurant Workers Community Foundation Inc ($947k), Love City Inc ($947k) and Tudorka Tots Inc ($947k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 29% and program service revenue 69% of the total. Compensation of current officers, directors and key employees was $105k (13% of expenses). Other salaries and wages came to $453k. At year end it held assets of $922k against liabilities of $308k, net assets of $615k. It reported 21 employees.