Ellis Street Inc

Analysis

Ellis Street Inc is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in April 2002, 24 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, Ellis Street Inc reported income of $51k and spending of $901k, spending 1781% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $57k to $51k (-11%), an average of -2.9% a year. The sharpest change came in the year to December 2022, when income rose by 74%. Over the whole period it spent 1030% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Ellis Street Inc sits at the 11th percentile: it is larger than about 11% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 21st percentile within CA. Charities of a similar size with the same main cause include Tovah ($51k), Asi Hennepin County Inc ($51k) and South Church Housing Corp ($51k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.0% and program service revenue 96% of the total. At year end it held assets of $100k against liabilities of $3.7m, net assets of -$3.6m.

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.