Fresno County Economic Opportunities Commission

Analysis

Fresno County Economic Opportunities Commission is a registered charity in United States, based in Fresno, CA. It received its IRS tax-exemption ruling in October 1965, 61 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, Fresno County Economic Opportunities Commission reported income of $155.6m and spending of $158.6m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $108.0m to $155.6m (+44%), an average of +9.6% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Fresno County Economic Opportunities Commission sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within CA. Charities of a similar size with the same main cause include Feeding South Florida Inc ($154.8m), Second Harvest Food Bank of Metrolina Inc ($156.5m) and Icircle Services of the Finger Lakes Inc ($153.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 4.1% of the total. Compensation of current officers, directors and key employees was $632k (0.4% of expenses). Other salaries and wages came to $66.6m. At year end it held assets of $48.2m against liabilities of $37.4m, net assets of $10.9m. It reported 1,716 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.