Our Coastal Village Foundation Inc

Analysis

Our Coastal Village Foundation Inc is a registered charity in United States, based in Yachats, OR. It received its IRS tax-exemption ruling in November 2009, 17 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Our Coastal Village Foundation Inc reported income of $420k and spending of $167k, leaving 60% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $174k to $420k (+142%), an average of +25% a year. The sharpest change came in the year to December 2023, when income rose by 248%. Over the whole period it spent 109% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Our Coastal Village Foundation Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within OR. Charities of a similar size with the same main cause include Chattanooga Community Housing Development Organization Inc ($420k), Mountain Vista Retirement Residence ($420k) and Rivercrest Developement Corporation ($420k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 61% of the total. At year end it held assets of $3.1m against liabilities of $422k, net assets of $2.7m.