POSSIBILITY LABS

SAN FRANCISCO, CA, 94109-5426 (213) 408-0508 Est. 2020 EIN 85-3989363
P20— Human Services Form 990 501(c)(3)
HTTPS://WWW.POSSIBILITYLABS.ORG/

Mission

OUR MISSION IS TO CO-CREATE A NEW ECONOMY WHERE BLACK, INDIGENOUS, PEOPLE OF COLOR, AND HISTORICALLY LOW-INCOME COMMUNITIES HAVE THE POWER OF SELF-DETERMINATION.

Giving Portfolio

Total Grants
693
Total Giving
$91.2M
Recipients
428
Years Active
2022 - 2024
Avg grant: $127,721 Median: $65,000

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
2024173$23.6M $136K9079
2023311$48.8M $157K8571
2022209$18.8M $90K1030

Sectors Funded

Environment
106
Human Services
73
Community Improvement
71
Arts, Culture & Humanities
57
Education
50
Civil Rights & Advocacy
50
Food, Agriculture & Nutrition
48
Housing & Shelter
26
and 12 more sectors

Top States

California
224
Georgia
50
New York
44
Arizona
36
Maryland
35
Alaska
28
Florida
27
New Mexico
27
and 24 more states

Grantee Size Profile

$1M - $5M
247
$10M - $50M
89
$5M - $10M
77
$500K - $1M
74
$100K - $500K
67
Over $50M
36
Under $100K
23

Top Grantees

GA - 2 grants
$3.4M
CA - 5 grants
$2.6M
MI - 2 grants
$2.3M
NY - 2 grants
$2.2M
CA - 5 grants
$2.2M
AK - 5 grants
$1.9M
and 15 more grantees

Grants Awarded · 633 grants

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Financials

Total Revenue
$54,036,907
Total Expenses
$37,013,238
Net Assets
$34,224,010
46 employees 30 volunteers
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
11.1 months Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 116.3%
Expenses ↑ 9.4%
Revenue Sources
Contributions 96.0% Earned revenue 3.4% Investment 0.6%
Expense Breakdown
Program 93.7% Management 4.3% Fundraising 1.9%

Officers & Trustees (13)

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Filing History (6 filings)

YearRevenueExpensesNet Assets
2024 Form 990$54,036,907 $37,013,238$34,224,010
2023 Form 990$24,985,359 $33,827,449$17,200,358
2023 Form 990$24,985,359 $33,827,449$17,200,358
2022 Form 990$43,362,506 $19,492,753$26,042,448
2022 Form 990$46,742,841 $20,919,752$27,995,784
2020 Form 990$380,000 $149,076$230,924

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EIN: 85-3989363 · Source: IRS Form 990 e-file data