Contra Costa Economic Partnership Inc

Analysis

Contra Costa Economic Partnership Inc is a registered charity in United States, based in Walnut Creek, CA. It received its IRS tax-exemption ruling in December 1996, 30 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 2024, Contra Costa Economic Partnership Inc reported income of $665k and spending of $822k, spending 124% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $1.2m to $665k (-43%), an average of -11% a year. The sharpest change came in the year to June 2024, when income dropped by 52%. Over the whole period it spent 102% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Contra Costa Economic Partnership Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 76th percentile within CA. Charities of a similar size with the same main cause include Metropolitan Housing Development Corporation ($665k), Nocomo Industries Inc ($665k) and Positive Workforce Coalition Inc ($664k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 91% and program service revenue 8.7% of the total. At year end it held assets of $288k against liabilities of $0, net assets of $288k.