Coastal Kids Home Care

Analysis

Coastal Kids Home Care is a registered charity in United States, based in Salinas, CA. It received its IRS tax-exemption ruling in September 2006, 20 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Coastal Kids Home Care reported income of $11.3m and spending of $10.4m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.9m to $11.3m (+297%), an average of +41% a year. The sharpest change came in the year to December 2020, when income rose by 115%. Over the whole period it spent 77% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Coastal Kids Home Care sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include Overdose-Lifeline Inc ($11.3m), Cohen Veterans Bioscience Inc ($11.3m) and Martin Luther King Jr Family Clinic ($11.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.6% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $285k (2.7% of expenses). Other salaries and wages came to $7.2m. At year end it held assets of $11.8m against liabilities of $1.1m, net assets of $10.7m. It reported 209 employees.