Canon Barcus Inc

Analysis

Canon Barcus Inc is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in December 1998, 28 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, Canon Barcus Inc reported income of $54k and spending of $716k, spending 1329% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $39k to $54k (+38%), an average of +8.3% a year. The sharpest change came in the year to December 2023, when income rose by 32%. Over the whole period it spent 1258% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Canon Barcus Inc sits at the 12th percentile: it is larger than about 12% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 23rd percentile within CA. Charities of a similar size with the same main cause include Kaycee Senior Housing Inc ($54k), On Our Way Home Inc ($54k) and Henrietta Foundation Inc ($54k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 77% of the total. At year end it held assets of $223k against liabilities of $1.3m, net assets of -$1.0m.

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.