Salinas City Center Improvement Association

Analysis

Salinas City Center Improvement Association is a registered charity in United States, based in Salinas, CA. It received its IRS tax-exemption ruling in April 2016, 10 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 November 2023, Salinas City Center Improvement Association reported income of $616k and spending of $595k, spending 97% of its income. Across the 5 years on record, from November 2019 to November 2023, income grew from $462k to $616k (+33%), an average of +7.5% a year. The sharpest change came in the year to November 2023, when income rose by 34%. Over the whole period it spent 91% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Salinas City Center Improvement Association sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 75th percentile within CA. Charities of a similar size with the same main cause include Jewish Community Relations Councilof Saint Louis ($616k), Ohio Chamber of Commerce Research Foundation Inc ($616k) and Harambee Youth Training Corporation ($615k).

On its Form 990 for the period ending November 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $111k. At year end it held assets of $349k against liabilities of $15k, net assets of $334k. It reported 4 employees.