Coastal Community School Corporation

Analysis

Coastal Community School Corporation is a registered charity in United States, based in Satellite BCH, FL. It received its IRS tax-exemption ruling in January 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Coastal Community School Corporation reported income of $1.1m and spending of $962k, spending 85% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $514k to $1.1m (+121%), an average of +30% a year. The sharpest change came in the year to June 2022, when income rose by 71%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Coastal Community School Corporation sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 83rd percentile within FL. Charities of a similar size with the same main cause include Parent Choice Inc ($1.1m), Casa Montessori Child Development Centers Inc ($1.1m) and Baltimore Jewish Council Inc ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.9% and program service revenue 91% of the total. Other salaries and wages came to $644k. At year end it held assets of $507k against liabilities of $83k, net assets of $424k. It reported 33 employees.