Long Beach Coalition to Prevent Underage Drinking Inc

Analysis

Long Beach Coalition to Prevent Underage Drinking Inc is a registered charity in United States, based in Long Beach, NY. It received its IRS tax-exemption ruling in July 2014, 12 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, Long Beach Coalition to Prevent Underage Drinking Inc reported income of $480k and spending of $484k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $358k to $480k (+34%), an average of +7.6% a year. The sharpest change came in the year to December 2020, when income rose by 34%. Over the whole period it spent 101% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Long Beach Coalition to Prevent Underage Drinking Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 66th percentile within NY. Charities of a similar size with the same main cause include Circle of Friends School ($480k), Ivanhoe Youth Development Inc ($480k) and Foundation for the Child Victims of the Family Court LLC ($480k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $89k (18% of expenses). Other salaries and wages came to $208k. At year end it held assets of $267k against liabilities of $161k, net assets of $106k. It reported 6 employees.