Multi-Ethnic Collaborative of Community Agencies

Analysis

Multi-Ethnic Collaborative of Community Agencies is a registered charity in United States, based in Santa Ana, CA. It received its IRS tax-exemption ruling in June 2010, 16 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, Multi-Ethnic Collaborative of Community Agencies reported income of $4.6m and spending of $4.8m, spending 105% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.4m to $4.6m (+234%), an average of +35% a year. The sharpest change came in the year to June 2022, when income rose by 158%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Multi-Ethnic Collaborative of Community Agencies sits at the 90th 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 East African Community Services ($4.6m), Hope Farm Inc ($4.6m) and Exceptional Minds ($4.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% and program service revenue 5.0% of the total. Compensation of current officers, directors and key employees was $242k (5.0% of expenses). Other salaries and wages came to $564k. At year end it held assets of $1.6m against liabilities of $1.5m, net assets of $77k. It reported 21 employees.