Neskowin Coast Foundation

Analysis

Neskowin Coast Foundation is a registered charity in United States, based in Otis, OR. It received its IRS tax-exemption ruling in November 1970, 56 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Neskowin Coast Foundation reported income of $1.4m and spending of $1.3m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $916k to $1.4m (+48%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 114%. Over the whole period it spent 109% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Neskowin Coast Foundation sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within OR. Charities of a similar size with the same main cause include Association of Wisconsin Snowmobile Clubs Inc ($1.4m), Antioch Network Inc ($1.4m) and Beaver Falls Youth Network Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $126k (9.9% of expenses). Other salaries and wages came to $439k. It paid $39k in professional fundraising fees. At year end it held assets of $7.1m against liabilities of $101k, net assets of $7.0m. It reported 17 employees.