San Diego Comic Convention

Analysis

San Diego Comic Convention is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in October 1977, 49 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, San Diego Comic Convention reported income of $34.1m and spending of $29.1m, spending 85% of its income. Across the 6 years on record, from August 2019 to December 2023, income grew from $28.5m to $34.1m (+19%), an average of +3.6% a year. The sharpest change came in the year to December 2020, when income rose by 379%. Over the whole period it spent 111% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, San Diego Comic Convention sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include Kettering Adventist Healthcare ($34.1m), Northwest Arkansas Food Bank ($34.1m) and Pathways Home Health and Hospice ($34.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.3% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $939k (3.2% of expenses). Other salaries and wages came to $4.3m. At year end it held assets of $44.1m against liabilities of $26.7m, net assets of $17.3m. It reported 107 employees.