Mid-Peninsula Coastside Inc

Analysis

Mid-Peninsula Coastside Inc is a registered charity in United States, based in Foster City, CA. It received its IRS tax-exemption ruling in October 1997, 29 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, Mid-Peninsula Coastside Inc reported income of $328k and spending of $196k, leaving 40% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $424k to $328k (-23%), an average of -6.3% a year. Over the whole period it spent 77% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Mid-Peninsula Coastside Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within CA. Charities of a similar size with the same main cause include Steadfast - Standing Firm Against Youth Homelessness ($328k), Architectural Salvage Warehouse of Detroit ($328k) and Prairie Grove Apartments Inc ($328k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $3.2m against liabilities of $1.3m, net assets of $1.9m.