Epicenter of Monterey

Analysis

Epicenter of Monterey is a registered charity in United States, based in Salinas, CA. It received its IRS tax-exemption ruling in March 2016, 10 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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 June 2023, Epicenter of Monterey reported income of $1.0m and spending of $965k, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $486k to $1.0m (+106%), an average of +20% a year. The sharpest change came in the year to June 2022, when income rose by 34%. Over the whole period it spent 96% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Epicenter of Monterey sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within CA. Charities of a similar size with the same main cause include Cambridge Community Activities Program Inc ($1.0m), Resource Council of Wny Inc ($1.0m) and Friends of the Children - Montana ($1.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $86k (9.0% of expenses). Other salaries and wages came to $410k. At year end it held assets of $531k against liabilities of $289k, net assets of $242k. It reported 17 employees.