Central City Hospitality House

Analysis

Central City Hospitality House is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in October 1967, 59 years ago. 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, Central City Hospitality House reported income of $7.1m and spending of $7.0m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.6m to $7.1m (+53%), an average of +11% a year. The sharpest change came in the year to June 2020, when income rose by 34%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Central City Hospitality House sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include Southern Bancorp Capital Partners ($7.1m), National Christian Charitable Foundation Inc ($7.1m) and Etowah-Dekalb-Cherokee Mental Health Board Incorporated ($7.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $183k (2.6% of expenses). Other salaries and wages came to $4.0m. It paid $3,989 in professional fundraising fees. At year end it held assets of $7.7m against liabilities of $730k, net assets of $7.0m. It reported 109 employees.