The Coastal Samaritan Counseling Center Inc

Analysis

The Coastal Samaritan Counseling Center Inc is a registered charity in United States, based in Myrtle Beach, SC. It received its IRS tax-exemption ruling in September 1982, 44 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Coastal Samaritan Counseling Center Inc reported income of $649k and spending of $622k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $466k to $649k (+39%), an average of +8.6% a year. The sharpest change came in the year to December 2021, when income rose by 64%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Coastal Samaritan Counseling Center Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 78th percentile within SC. Charities of a similar size with the same main cause include Kaukauna Kinder Haus Inc ($648k), Fuquay Varina Emergency Food Pantry ($649k) and San Francisco Community Agencies Responding to Disaster ($648k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% and program service revenue 61% of the total. Compensation of current officers, directors and key employees was $155k (25% of expenses). Other salaries and wages came to $250k. At year end it held assets of $189k against liabilities of $93k, net assets of $96k. It reported 16 employees.