Central Coast Funds for Children

Analysis

Central Coast Funds for Children is a registered charity in United States, based in SN Luis Obisp, CA. It received its IRS tax-exemption ruling in April 1994, 32 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Central Coast Funds for Children reported income of $66k and spending of $107k, spending 162% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $73k to $66k (-8.8%), an average of -4.5% a year. The sharpest change came in the year to December 2022, when income rose by 93%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Central Coast Funds for Children sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 28th percentile within CA. Charities of a similar size with the same main cause include Duke Carrillo Foundation ($66k), Rideability ($66k) and Westside Food Brigade ($66k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 61% of the total. At year end it held assets of $17k against liabilities of $0, net assets of $17k.