Civic Ventures

Analysis

Civic Ventures is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in October 1997, 29 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. 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 December 2023, Civic Ventures reported income of $5.8m and spending of $5.9m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.7m to $5.8m (+54%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 95%. Over the whole period it spent 93% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Civic Ventures sits at the 94th percentile: it is larger than about 94% 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 American Civil Liberties Union Foundation of Florida Inc ($5.7m), San Diego Lesbian Gay Bisexual Transgender Pride ($5.8m) and Law Center for Better Housing ($5.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 2.2% of the total. Compensation of current officers, directors and key employees was $558k (9.4% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $8.9m against liabilities of $729k, net assets of $8.2m. It reported 20 employees.