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Central Coast Ag Network Inc

RegisteredEIN 20-3447329San Luis Obispo, CAPoverty relief
Income$426k2023-08
Spending$386ksame year
Spent / received79%3-year average
Size in its cause62nd pctPoverty relief
Exempt since2007Publicly supported organisat
Employees7latest return

Analysis

Central Coast Ag Network Inc is a registered charity in United States, based in San Luis Obispo, CA. It received its IRS tax-exemption ruling in July 2007, 19 years ago. Its declared purposes cover food, agriculture and nutrition, 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 August 2023, Central Coast Ag Network Inc reported income of $426k and spending of $386k, spending 91% of its income. Across the 3 years on record, from August 2021 to August 2023, income grew from $215k to $426k (+98%), an average of +41% a year. The sharpest change came in the year to August 2022, when income rose by 72%. Over the whole period it spent 79% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Central Coast Ag Network Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 69th percentile within CA. Charities of a similar size with the same main cause include Abigail Ministries ($426k), Cold Water Ministries Inc ($426k) and Marion County Council on Aging ($426k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 88% and program service revenue 4.1% of the total. Other salaries and wages came to $210k. At year end it held assets of $255k against liabilities of $8,600, net assets of $247k. It reported 7 employees.

Income and spending

$0$106k$213k$319k$426k2021 Income: $214,6032021 Spending: $182,24020212022 Income: $368,4972022 Spending: $226,39220222023 Income: $425,7162023 Spending: $386,3262023
IncomeSpending

Where the income comes from

  • Contributions & grants 88%
  • Program services 4.1%
  • Other 7.8%

Similar-sized charities, same cause

CharityLocationIncome
Abigail MinistriesNorwalk$426k
Cold Water Ministries IncHuntsville$426k
Marion County Council on AgingMarion$426k
Kansas Family Advisory Network IncWichita$426k