Coastal Symphony of Georgia Inc

Analysis

Coastal Symphony of Georgia Inc is a registered charity in United States, based in St Simons Is, GA. It received its IRS tax-exemption ruling in October 1986, 40 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 May 2023, Coastal Symphony of Georgia Inc reported income of $340k and spending of $282k, spending 83% of its income. Across the 4 years on record, from May 2020 to May 2023, income grew from $313k to $340k (+8.8%), an average of +2.9% a year. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Coastal Symphony of Georgia Inc 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 64th percentile, and in the 68th percentile within GA. Charities of a similar size with the same main cause include Veterans Stand Together ($340k), The Innerwork Center Inc ($340k) and Community Veterinary Center ($340k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 22% and program service revenue 56% of the total. Compensation of current officers, directors and key employees was $27k (9.7% of expenses). At year end it held assets of $430k against liabilities of $7,366, net assets of $423k.