McAllister Street Inc

Analysis

McAllister Street Inc is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in February 1995, 31 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, McAllister Street Inc reported income of $66k and spending of $351k, spending 533% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $51k to $66k (+29%), an average of +6.5% a year. Over the whole period it spent 431% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, McAllister Street Inc sits at the 15th percentile: it is larger than about 14% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 28th percentile within CA. Charities of a similar size with the same main cause include Northshore Housing Initiative Inc ($66k), Hamilton Manor ($66k) and South Norfolk Elderly Housing Services Inc ($66k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.1% of the total. At year end it held assets of $1.0m against liabilities of $2.6m, net assets of -$1.6m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.