Central Coast Alliance United for a Sustainable Economy

Analysis

Central Coast Alliance United for a Sustainable Economy is a registered charity in United States, based in Ventura, CA. It received its IRS tax-exemption ruling in March 2002, 24 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, Central Coast Alliance United for a Sustainable Economy reported income of $2.7m and spending of $2.7m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.2m to $2.7m (+22%), an average of +5.1% a year. The sharpest change came in the year to December 2022, when income rose by 72%. Over the whole period it spent 69% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Central Coast Alliance United for a Sustainable Economy sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include MPT Facility Inc ($2.7m), The Community Partnership for Families of San Joaquin ($2.7m) and Comprehensive Continuum of Services Inc ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 5.4% of the total. Compensation of current officers, directors and key employees was $219k (8.2% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $6.9m against liabilities of $446k, net assets of $6.5m. It reported 78 employees.