Roberts Avenue Inc

Analysis

Roberts Avenue Inc is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in July 2003, 23 years ago. 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, Roberts Avenue Inc reported income of $53k and spending of $378k, spending 707% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income grew from $31k to $53k (+71%), an average of +20% a year. The sharpest change came in the year to December 2020, when income rose by 35%. Over the whole period it spent 819% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Roberts Avenue Inc sits at the 20th percentile: it is larger than about 20% 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 Danville Art League ($53k), Oakwood Historical Society Inc ($53k) and First Baptist Church of Hawthorne ($53k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 3.6% and program service revenue 96% of the total. At year end it held assets of $52k 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.