Central Coast Economic Forecast

Analysis

Central Coast Economic Forecast is a registered charity in United States, based in Solvang, CA. It received its IRS tax-exemption ruling in April 2012, 14 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 December 2023, Central Coast Economic Forecast reported income of $173k and spending of $133k, leaving 23% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $175k to $173k (-1.2%), an average of -1.2% a year. Over the whole period it spent 78% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Central Coast Economic Forecast sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 53rd percentile within CA. Charities of a similar size with the same main cause include Aspire for Humanity Initiatives ($173k), World Innovations Network ($173k) and For Good PGH ($173k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 22% and program service revenue 78% of the total. At year end it held assets of $150k against liabilities of $14k, net assets of $136k.