San Francisco Network Ministries Housing Corporation

Analysis

San Francisco Network Ministries Housing Corporation is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in March 1992, 34 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, San Francisco Network Ministries Housing Corporation reported income of $6.2m and spending of $4.2m, leaving 32% of income unspent that year. Across the 6 years on record, from December 2018 to June 2023, income grew from $1.1m to $6.2m (+444%), an average of +40% a year. The sharpest change came in the year to June 2020, when income rose by 192%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, San Francisco Network Ministries Housing Corporation sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within CA. Charities of a similar size with the same main cause include Der Yid Inc ($6.2m), Liberty Community Services Inc ($6.2m) and American Lutheran Church ($6.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 89% and program service revenue 10% of the total. Compensation of current officers, directors and key employees was $157k (3.7% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $3.2m against liabilities of $570k, net assets of $2.6m. It reported 27 employees.