Mendocino Private Industry Council

Analysis

Mendocino Private Industry Council is a registered charity in United States, based in Ukiah, CA. It received its IRS tax-exemption ruling in July 1992, 34 years ago. Its declared purposes cover employment, 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 2024, Mendocino Private Industry Council reported income of $167k and spending of $385k, spending 231% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $1.2m to $167k (-86%), an average of -32% a year. The sharpest change came in the year to June 2022, when income dropped by 74%. Over the whole period it spent 99% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Mendocino Private Industry Council sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 52nd percentile within CA. Charities of a similar size with the same main cause include Developspringfield Corporation ($167k), Rotary Club of New Braunfels Foundation ($167k) and Growing Small Towns ($167k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% and program service revenue 0.3% of the total. At year end it held assets of $38k against liabilities of $378k, net assets of -$340k.