County of Mono Economic Development Corporation

Analysis

County of Mono Economic Development Corporation is a registered charity in United States, based in Bridgeport, CA. It received its IRS tax-exemption ruling in December 2002, 24 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, County of Mono Economic Development Corporation reported income of $1.1m and spending of $1.1m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $83k to $1.1m (+1236%), an average of +91% a year. The sharpest change came in the year to June 2020, when income rose by 1113%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, County of Mono Economic Development Corporation sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include Tri-County Christian School ($1.1m), National Space Society ($1.1m) and Highlands County Family Y M C a Inc ($1.1m).

At year end it held assets of $25.8m against liabilities of $25.8m, net assets of $0.