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California · Nonprofit

SAN PABLO ECONOMIC DEVELOPMENT CORPORATION INC

SAN PABLO ECONOMIC DEVELOPMENT CORPORATION INC (California) receives grants from 6 organizations whose IRS filings report $515,683 to it, the largest being KAISER FOUNDATION HOSPITALS ($380,556). 3 of them have funded it in more than one year.

Revenue FY2025
$1.7M
Funders on record
6
Grants received
$516k
Net assets
$3.2M
3/6 repeat funderspeak grant-dependency 4%
01What it does

What San Pablo Economic Development Corporation Inc does

Mission

The purpose of the corporation is to act as the catalyst to equitable economic opportunity.

As stated on its FY2025 Form 990.

Program

  1. Funds are focused on education, training and critical support services to workforce, aspiring first-time homebuyers and businesses.

    $1,060,301 spent
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $1,060,301.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($1.1M) Expenses 100 ($1.8M) Net assets 100 ($767k)2018 Revenue 105 ($1.2M) Expenses 100 ($1.8M) Net assets 24 ($187k)2019 Revenue 124 ($1.4M) Expenses 113 ($2.0M) Net assets -54 ($-416391)2020 Revenue 267 ($3.0M) Expenses 100 ($1.8M) Net assets 110 ($846k)2021 Revenue 136 ($1.5M) Expenses 84 ($1.5M) Net assets 118 ($903k)2022 Revenue 320 ($3.6M) Expenses 117 ($2.1M) Net assets 322 ($2.5M)2023 Revenue 173 ($2.0M) Expenses 94 ($1.7M) Net assets 361 ($2.8M)2024 Revenue 188 ($2.1M) Expenses 104 ($1.8M) Net assets 399 ($3.1M)2025 Revenue 146 ($1.7M) Expenses 88 ($1.6M) Net assets 413 ($3.2M)
'17'18'19'20'21'22'23'24'25
Revenue (146)Expenses (88)Net assets (413)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2019 to 2020, from $18M to $9.9M (−45%).

$18M
$17M
$18M
$9.9M
$9.8M
$3.8M
$4.6M
$4.5M
$4.8M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 31% · 2022 5% · 2023 11% · 2024 19% · 2025 21%. Grants only. Government contracts and fees sit inside program revenue.

26% of SAN PABLO ECONOMIC DEVELOPMENT CORPORATION INC’s revenue is contributions — about as donation-reliant as the typical peer (39% for the typical peer).

This organization
Typical peer · 4,214 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 9 reported years ran a deficit.

−$636k
’17
−$580k
’18
−$604k
’19
$1.3M
’20
$57k
’21
$1.6M
’22
$295k
’23
$291k
’24
$110k
’25
27
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Leslay Choy

Executive director

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed545666666
Joined·+0+2+1+2+0+0+0+1
No longer listed·11020001
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 1 funder to 3 funders, grant income rose $36k → $75k.

1 of 6 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 0% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of SAN PABLO ECONOMIC DEVELOPMENT CORPORATION INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

SAN PABLO ECONOMIC DEVELOPMENT CORPORATION INC leans on a few funders — its largest provides 74% of grant income and the top three 93%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

90% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund SAN PABLO ECONOMIC DEVELOPMENT CORPORATION INC.

74%
largest funder
93%
top three
~2
effective funders

Largest funder’s share by year: 2017 100% · 2018 100% · 2020 71% · 2021 100% · 2022 67% · 2023 67% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of SAN PABLO ECONOMIC DEVELOPMENT CORPORATION INC's grant income comes from California funders.

CA

In-state vs out-of-state, by year

’17
’18
’20
’21
’22
’23
California out of state home

Funder states come from each funder’s own filing. $127 arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

SAN PABLO ECONOMIC DEVELOPMENT CORPORATION INC holds deeper cash reserves than three-quarters of the 2,196 housing & shelter nonprofits its size.

Operating margin7% · above the median
Months of reserve27.4mo · top quartile
Revenue growth (annualized)5% · below the median

this organization peer median middle 50% of peers· 2,196 housing & shelter nonprofits $1M–$10M, FY2025

Organizations like SAN PABLO ECONOMIC DEVELOPMENT CORPORATION INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In California

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

68% of spending goes to programs.

Program 68%Management 18%Fundraising 14%

Governance

5
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

32%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

CA

Part of a family of 1 related entity

  • City of San Pablo · exempt

Screen this organization

A dated, signed PDF of the compliance screen for SAN PABLO ECONOMIC DEVELOPMENT CORPORATION INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds SAN PABLO ECONOMIC DEVELOPMENT CORPORATION INC?
SAN PABLO ECONOMIC DEVELOPMENT CORPORATION INC (California) receives grants from 6 organizations whose IRS filings report $515,683 to it, the largest being KAISER FOUNDATION HOSPITALS ($380,556). 3 of them have funded it in more than one year.
How many funders does SAN PABLO ECONOMIC DEVELOPMENT CORPORATION INC have?
IRS filings report 6 organizations giving $515,683 in grants to SAN PABLO ECONOMIC DEVELOPMENT CORPORATION INC, 3 of which have funded it in more than one year.
Who is the largest funder of SAN PABLO ECONOMIC DEVELOPMENT CORPORATION INC?
KAISER FOUNDATION HOSPITALS is the largest funder on record, with $380,556 in grants. The full list of funders is on this page.
How can an organization like SAN PABLO ECONOMIC DEVELOPMENT CORPORATION INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in California. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds San Pablo Economic Development →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 6 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing