Action Council of Monterey County Inc

Analysis

Action Council of Monterey County Inc is a registered charity in United States, based in Salinas, CA. It received its IRS tax-exemption ruling in May 1994, 32 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 2023, Action Council of Monterey County Inc reported income of $7.6m and spending of $9.2m, spending 121% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.5m to $7.6m (+16%), an average of +3.8% a year. The sharpest change came in the year to June 2021, when income rose by 74%. Over the whole period it spent 95% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Action Council of Monterey County Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include Life You Can Save ($7.6m), United Way of the Greater Triangle Inc ($7.6m) and Skillsource Group Inc ($7.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $215k (2.3% of expenses). Other salaries and wages came to $3.1m. At year end it held assets of $7.5m against liabilities of $333k, net assets of $7.1m. It reported 114 employees.