Friends of Coast Walk Trail

Analysis

Friends of Coast Walk Trail is a registered charity in United States, based in LA Jolla, CA. It received its IRS tax-exemption ruling in September 2011, 15 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Friends of Coast Walk Trail reported income of $96k and spending of $134k, spending 140% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $108k to $96k (-11%), an average of -11% a year. Over the whole period it spent 102% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Friends of Coast Walk Trail sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 38th percentile within CA. Charities of a similar size with the same main cause include Royse City Soccer Association ($96k), Friends of Lancer Football ($96k) and Crestwood All Sports Boosters ($96k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $34k against liabilities of $0, net assets of $34k.