Central Coast Venom Inc

Analysis

Central Coast Venom Inc is a registered charity in United States, based in Santa Maria, CA. It received its IRS tax-exemption ruling in May 2018, 8 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 Venom Inc reported income of $75k and spending of $63k, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $39k to $75k (+91%), an average of +91% a year. The sharpest change came in the year to December 2023, when income rose by 91%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Central Coast Venom Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 31st percentile within CA. Charities of a similar size with the same main cause include Alameda World Tournament Baseball Inc ($75k), Epping Youth Athletic Association ($75k) and Sharon Travel Basketball Association ($75k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 51% of the total. At year end it held assets of $18k against liabilities of $0, net assets of $18k.