Central Coast Literacy Council

Analysis

Central Coast Literacy Council is a registered charity in United States, based in Santa Maria, CA. It received its IRS tax-exemption ruling in November 1986, 40 years ago. 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, Central Coast Literacy Council reported income of $219k and spending of $221k, spending 101% of its income. Across the 3 years on record, from June 2022 to June 2024, income fell from $224k to $219k (-2.4%), an average of -1.2% a year. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Central Coast Literacy Council sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 58th percentile within CA. Charities of a similar size with the same main cause include PTA New Jersey Congress of Parents & Teachers ($219k), Roselle Umc Community Food Pantry ($219k) and Cameron Area Christian Services ($219k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 92% and program service revenue 7.9% of the total. Other salaries and wages came to $157k. At year end it held assets of $231k against liabilities of $0, net assets of $231k. It reported 4 employees.