Costilla County Economic Development Council Inc

Analysis

Costilla County Economic Development Council Inc is a registered charity in United States, based in San Luis, CO. It received its IRS tax-exemption ruling in July 2012, 14 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, Costilla County Economic Development Council Inc reported income of $211k and spending of $61k, leaving 71% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $206k to $211k (+2.2%), an average of +0.5% a year. The sharpest change came in the year to December 2023, when income rose by 107%. Over the whole period it spent 38% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Costilla County Economic Development Council Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 52nd percentile within CO. Charities of a similar size with the same main cause include Vermont Fresh Network Corporation ($211k), Florida Association of Student Financial Aid Administrators Inc ($211k) and Fairouzah American Association ($211k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 19% of the total. At year end it held assets of $1.9m against liabilities of $0, net assets of $1.9m.