First Graduate

Analysis

First Graduate is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in October 2001, 25 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 June 2023, First Graduate reported income of $1.7m and spending of $1.9m, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.5m to $1.7m (+18%), an average of +4.3% a year. Over the whole period it spent 92% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, First Graduate sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within CA. Charities of a similar size with the same main cause include Muslim Youth for Positive Impact ($1.7m), Mountain and Sea Educational Adventures ($1.8m) and Boys & Girls Club of Spokane County ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 101% of the total. Compensation of current officers, directors and key employees was $140k (7.3% of expenses). Other salaries and wages came to $854k. At year end it held assets of $1.9m against liabilities of $163k, net assets of $1.7m. It reported 15 employees.