Elk Grove Adult Community Training Inc

Analysis

Elk Grove Adult Community Training Inc is a registered charity in United States, based in Elk Grove, CA. It received its IRS tax-exemption ruling in October 1972, 54 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Elk Grove Adult Community Training Inc reported income of $5.0m and spending of $4.8m, spending 96% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $4.3m to $5.0m (+17%), an average of +4.1% a year. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Elk Grove Adult Community Training Inc sits at the 91st percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within CA. Charities of a similar size with the same main cause include Volare ($5.0m), Jewish Family Services ($5.0m) and Helping Advance and Nurture the Development of Youth Inc ($5.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 2.0% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $100k (2.1% of expenses). Other salaries and wages came to $2.6m. At year end it held assets of $5.6m against liabilities of $215k, net assets of $5.4m. It reported 123 employees.