Coastal Roots Farm

Analysis

Coastal Roots Farm is a registered charity in United States, based in Encinitas, CA. It received its IRS tax-exemption ruling in December 2015, 11 years ago. 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 September 2023, Coastal Roots Farm reported income of $2.8m and spending of $2.8m, spending 100% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.6m to $2.8m (+80%), an average of +16% a year. The sharpest change came in the year to September 2021, when income rose by 32%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Coastal Roots Farm sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include Eastern Arizona College Foundation ($2.8m), Immigrant Learning Center Inc ($2.8m) and The Center for Empowerment and Education Inc ($2.8m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 74% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $249k (8.8% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $959k against liabilities of $216k, net assets of $743k. It reported 63 employees.