Family Service Agency of the Central Coast

Analysis

Family Service Agency of the Central Coast is a registered charity in United States, based in Santa Cruz, CA. It received its IRS tax-exemption ruling in January 1973, 53 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 June 2023, Family Service Agency of the Central Coast reported income of $2.7m and spending of $2.8m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.0m to $2.7m (+38%), an average of +8.4% a year. The sharpest change came in the year to June 2023, when income rose by 35%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Family Service Agency of the Central Coast sits at the 86th percentile: it is larger than about 86% 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 Centro Tyrone Guzman ($2.7m), Wyoming Independent Living Incorporated ($2.7m) and Adaptive Sports Connection ($2.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 43% and program service revenue 54% of the total. Compensation of current officers, directors and key employees was $114k (4.1% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $1.0m against liabilities of $307k, net assets of $712k. It reported 56 employees.