Coastal Heritage Society Inc

Analysis

Coastal Heritage Society Inc is a registered charity in United States, based in Savannah, GA. It received its IRS tax-exemption ruling in March 1976, 50 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 December 2023, Coastal Heritage Society Inc reported income of $4.7m and spending of $3.9m, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.5m to $4.7m (+33%), an average of +7.4% a year. The sharpest change came in the year to December 2021, when income rose by 70%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Coastal Heritage Society Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within GA. Charities of a similar size with the same main cause include Palm Beach Gardens Youth Athletic Association ($4.7m), Redhouse Arts Center Inc ($4.7m) and New Britain Institute ($4.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 69% of the total. Other salaries and wages came to $2.0m. At year end it held assets of $4.7m against liabilities of $231k, net assets of $4.5m. It reported 93 employees.