The Rancho de Los Penasquitos Town Council Inc

Analysis

The Rancho de Los Penasquitos Town Council Inc is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in December 2007, 19 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 June 2023, The Rancho de Los Penasquitos Town Council Inc reported income of $69k and spending of $84k, spending 122% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $67k to $69k (+1.9%), an average of +1.9% a year. Over the whole period it spent 119% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, The Rancho de Los Penasquitos Town Council Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 29th percentile within CA. Charities of a similar size with the same main cause include Dougherty County Community Coalition Inc ($69k), Wake Forest Innovation Quarter Management Co ($69k) and DCLB Corp ($69k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $25k against liabilities of $9,720, net assets of $15k.