Coastal Academy

Analysis

Coastal Academy is a registered charity in United States, based in Lomita, CA. It received its IRS tax-exemption ruling in September 1990, 36 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 Academy reported income of $60k and spending of $52k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $53k to $60k (+14%), an average of +14% a year. Over the whole period it spent 83% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Coastal Academy sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 26th percentile within CA. Charities of a similar size with the same main cause include National Charity League Inc DFW Metroport Chapter ($60k), Scouting Area Committee ($60k) and Bloom Upstate Inc ($60k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 7.0% and program service revenue 93% of the total. At year end it held assets of $62k against liabilities of $916, net assets of $61k.