Friends of San Carlos Adult Community Center Inc

Analysis

Friends of San Carlos Adult Community Center Inc is a registered charity in United States, based in San Carlos, CA. It received its IRS tax-exemption ruling in October 1992, 34 years ago. Its declared purposes cover unknown, which this site groups under other charitable 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 December 2023, Friends of San Carlos Adult Community Center Inc reported income of $63k and spending of $28k, leaving 56% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $65k to $63k (-3.8%), an average of -3.8% a year. Over the whole period it spent 34% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Friends of San Carlos Adult Community Center Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 27th percentile within CA. Charities of a similar size with the same main cause include Lynnwood Meadowdale Parent Cooperative Preschool ($63k), Associated Church Press ($63k) and Whittier Art Association ($63k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 53% of the total. At year end it held assets of $299k against liabilities of $0, net assets of $299k.