East Bay Community Action Program

Analysis

East Bay Community Action Program is a registered charity in United States, based in Riverside, RI. It received its IRS tax-exemption ruling in December 1965, 61 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, East Bay Community Action Program reported income of $50.3m and spending of $48.0m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $33.0m to $50.3m (+53%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 28%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, East Bay Community Action Program sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within RI. Charities of a similar size with the same main cause include Vincentian Cares Inc ($50.3m), Tampa Metropolitan Area Young Mens Christian Association Inc ($50.3m) and Childrens Home of Cincinnati Ohio Inc ($50.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 60% and program service revenue 39% of the total. Compensation of current officers, directors and key employees was $673k (1.4% of expenses). Other salaries and wages came to $25.1m. At year end it held assets of $29.9m against liabilities of $5.3m, net assets of $24.6m. It reported 628 employees.