Coastal Bend Disaster Recovery Group

Analysis

Coastal Bend Disaster Recovery Group is a registered charity in United States, based in Corp Christi, TX. It received its IRS tax-exemption ruling in December 2015, 11 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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 Bend Disaster Recovery Group reported income of $215k and spending of $173k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.7m to $215k (-94%), an average of -51% a year. The sharpest change came in the year to December 2022, when income dropped by 72%. Over the whole period it spent 99% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Coastal Bend Disaster Recovery Group sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 59th percentile within TX. Charities of a similar size with the same main cause include Point Owoods Volunteer Fire Company Inc ($215k), Apostleship of the Sea of the United States of America ($215k) and Stony Point Volunteer Fire Co Incorporated ($214k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $125k (72% of expenses). At year end it held assets of $89k against liabilities of $8,250, net assets of $81k. It reported 2 employees.