Tenderloin Housing Clinic Inc

Analysis

Tenderloin Housing Clinic Inc is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in September 1980, 46 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Tenderloin Housing Clinic Inc reported income of $68.8m and spending of $65.4m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $53.2m to $68.8m (+29%), an average of +6.6% a year. The sharpest change came in the year to June 2023, when income rose by 15%. Over the whole period it spent 97% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Tenderloin Housing Clinic Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within CA. Charities of a similar size with the same main cause include Presbyterian College ($67.3m), Buckner Retirement Services Inc ($69.0m) and Eventide ($66.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $684k (1.0% of expenses). Other salaries and wages came to $22.7m. At year end it held assets of $159.1m against liabilities of $140.9m, net assets of $18.2m. It reported 469 employees.