The camps are managed by Urban Alchemy, the San Francisco-based nonprofit that has rapidly grown into a multimillion-dollar street services enterprise and embodies an elastic philosophy of shelter.
Aggressive marketing aligned with rising public discontent over homelessness made for a winning strategy. By 2021 it reported $51 million in revenue primarily from contracts for street outreach and shelter operations in San Francisco; Austin, Texas; Portland, Ore.; and Los Angeles.
That’s taken the opportunity cost into consideration for using a field that could otherwise be sold for a profit. It doesn’t cost a fraction of the money to simply put up a tent and hire some supervisors.
Does it though? it said it cost 4million to set it up