Nazareth House of San Diego Inc

Analysis

Nazareth House of San Diego Inc is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in January 1987, 39 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 March 2023, Nazareth House of San Diego Inc reported income of $8.1m and spending of $9.8m, spending 121% of what it took in. Across the 5 years on record, from March 2019 to March 2023, income fell from $11.1m to $8.1m (-27%), an average of -7.6% a year. The sharpest change came in the year to March 2020, when income dropped by 27%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Nazareth House of San Diego Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within CA. Charities of a similar size with the same main cause include Community Coordinated Child Care Inc ($8.1m), Caties Closet Inc ($8.1m) and Marian Manor Inc ($8.1m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 9.3% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $113k (1.2% of expenses). Other salaries and wages came to $2.9m. At year end it held assets of $11.3m against liabilities of $948k, net assets of $10.3m. It reported 138 employees.