Southeast Fresno Community Economic Development Assn

Analysis

Southeast Fresno Community Economic Development Assn is a registered charity in United States, based in Fresno, CA. It received its IRS tax-exemption ruling in February 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 2022, Southeast Fresno Community Economic Development Assn reported income of $90k and spending of $89k, spending 99% of its income. Across the 3 years on record, from December 2020 to December 2022, income fell from $200k to $90k (-55%), an average of -33% a year. The sharpest change came in the year to December 2022, when income dropped by 51%. 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, Southeast Fresno Community Economic Development Assn sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 36th percentile within CA. Charities of a similar size with the same main cause include Sheet Metal Jatc Ma 1277 Apprenticeship Training Trust ($90k), Clinton Main Street Inc ($91k) and Tremont Betterment Association ($90k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 14% and program service revenue 69% of the total. Other salaries and wages came to $29k. At year end it held assets of $12k against liabilities of $0, net assets of $12k.