Mid-Peninsula San Pedro Inc

Analysis

Mid-Peninsula San Pedro Inc is a registered charity in United States, based in Foster City, CA. It received its IRS tax-exemption ruling in February 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, Mid-Peninsula San Pedro Inc reported income of $198k and spending of $1,905, leaving 99% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $213k to $198k (-7.1%), an average of -1.8% a year. The sharpest change came in the year to December 2021, when income rose by 122%. Over the whole period it spent 0.6% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Mid-Peninsula San Pedro Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 56th percentile within CA. Charities of a similar size with the same main cause include Sheltering Jewells Outreach Inc ($198k), Town of Plattsburgh Housing Development Fund Company Inc ($198k) and West Central Missouri Maplewood Estates Inc ($197k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $3.0m against liabilities of $501k, net assets of $2.5m.