Policy & Innovation Center is a 501(c)(3) organization based in San Diego, California, registered in 2021, with $6,011,407 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$6.0M
▲ 33.9% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$5.7M
Net assets
$441K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Policy & Innovation Center— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Policy & Innovation Center: 1 mo reserves · +5% margin earns a C+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Policy & Innovation Center— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Policy & Innovation Center: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $0 (FY2020) to $6.0M (FY2024) across 5 reported years.
Financial snapshot
Operating margin
5.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$11.1M
Total liabilities
$10.7M
Net assets
$441K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $6,011,407▲33.9% | $5,706,488▲19.1% | $440,729▲225% | $11,141,664▲180% | 990 |
| 2023 | $4,491,002▲9.2% | $4,791,219▲59.7% | $135,810▼68.9% | $3,977,227▼21.7% | 990 |
| 2022 | $4,112,019▲146% | $2,999,254▲27.6% | $436,027▲164% | $5,077,386▼17.1% | 990 |
| 2021 | $1,673,112 | $2,349,850 | -$676,738 | $6,125,887 | 990 |
| 2020 | $0 | $0 | $0 | $0 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
3 grants to Policy & Innovation Center totaling $3.2M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| The San Diego Foundation | For support of the policy and innovation center per agreement | 2023 | $850,000 |
| The San Diego Foundation | Research project for sdrpic and sdf | 2022 | $1,212,500 |
| The San Diego Foundation | For general support | 2021 | $1,115,526 |
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Data for Policy & Innovation Center (EIN 87-1401636) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.