East Bay Economic Alliance Foundation

Analysis

East Bay Economic Alliance Foundation is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in September 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, East Bay Economic Alliance Foundation reported income of $175k and spending of $193k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $148k to $175k (+18%), an average of +4.3% a year. The sharpest change came in the year to December 2020, when income rose by 51%. Over the whole period it spent 101% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, East Bay Economic Alliance Foundation 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 51st percentile, and in the 53rd percentile within CA. Charities of a similar size with the same main cause include Rehabilitation Enterprises of Washington ($175k), National Charity League of Pasadena ($175k) and Greenwood Community Improvement Foundation Inc ($175k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $142k against liabilities of $0, net assets of $142k.