So Cal Corporate Growth Partners

Analysis

So Cal Corporate Growth Partners is a registered charity in United States, based in San Dimas, CA. It received its IRS tax-exemption ruling in August 2011, 15 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, So Cal Corporate Growth Partners reported income of $241k and spending of $340k, spending 141% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $561k to $241k (-57%), an average of -19% a year. The sharpest change came in the year to December 2023, when income dropped by 62%. Over the whole period it spent 98% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, So Cal Corporate Growth Partners sits at the 55th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 60th percentile within CA. Charities of a similar size with the same main cause include Employment Service Consultants Inc ($241k), Bricks to Bread International ($242k) and Revolt Ministries ($241k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $74k (22% of expenses). Other salaries and wages came to $81k. At year end it held assets of $63k against liabilities of $3,959, net assets of $59k. It reported 3 employees.