Coastal Connections Inc

Analysis

Coastal Connections Inc is a registered charity in United States, based in Vero Beach, FL. It received its IRS tax-exemption ruling in March 2018, 8 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 Connections Inc reported income of $292k and spending of $207k, leaving 29% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $221k to $292k (+32%), an average of +32% a year. The sharpest change came in the year to December 2023, when income rose by 32%. Over the whole period it spent 62% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Coastal Connections Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 64th percentile within FL. Charities of a similar size with the same main cause include Friends of Pheasant Branch Conservancy Inc ($291k), Grow Wild Inc ($292k) and African Hope Fund ($291k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 7.6% of the total. Compensation of current officers, directors and key employees was $42k (20% of expenses). Other salaries and wages came to $23k. At year end it held assets of $339k against liabilities of $6,960, net assets of $332k. It reported 2 employees.