Coastal Christian High School Inc

Analysis

Coastal Christian High School Inc is a registered charity in United States, based in Wilmington, NC. It received its IRS tax-exemption ruling in July 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, Coastal Christian High School Inc reported income of $4.2m and spending of $4.2m, spending 98% of its income. Across the 5 years on record, from May 2020 to May 2024, income grew from $3.5m to $4.2m (+21%), an average of +4.9% a year. The sharpest change came in the year to May 2022, when income rose by 23%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Coastal Christian High School Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within NC. Charities of a similar size with the same main cause include Action Based Enterprises Inc ($4.2m), South Carolina Whitmore School ($4.3m) and Great Lakes Bible College ($4.2m).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 13% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $93k (2.2% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $10.6m against liabilities of $5.7m, net assets of $4.8m. It reported 47 employees.