Central City Action Committee

Analysis

Central City Action Committee is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in April 1974, 52 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Central City Action Committee reported income of $942k and spending of $881k, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $791k to $942k (+19%), an average of +4.5% a year. The sharpest change came in the year to June 2020, when income rose by 1164%. Over the whole period it spent 31% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Central City Action Committee sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within CA. Charities of a similar size with the same main cause include Endeavor Atlanta Inc ($941k), Success in Style ($942k) and Dallas Innovation Alliance ($940k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $54k (6.1% of expenses). At year end it held assets of $631k against liabilities of $11k, net assets of $620k. It reported 13 employees.