Coastal Volunteers in Medicine

Analysis

Coastal Volunteers in Medicine is a registered charity in United States, based in Forked River, NJ. It received its IRS tax-exemption ruling in August 2011, 15 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Coastal Volunteers in Medicine reported income of $146k and spending of $117k, spending 80% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $97k to $146k (+50%), an average of +50% a year. The sharpest change came in the year to December 2023, when income rose by 50%. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Coastal Volunteers in Medicine sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 54th percentile within NJ. Charities of a similar size with the same main cause include Infant Massage USA ($146k), Cancer Services of New Mexico ($146k) and Casa de Corazones Inc ($146k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 58% of the total. At year end it held assets of $195k against liabilities of $2,417, net assets of $193k.