Coastal Womens Shelter Inc

Analysis

Coastal Womens Shelter Inc is a registered charity in United States, based in New Bern, NC. It received its IRS tax-exemption ruling in July 1988, 38 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Coastal Womens Shelter Inc reported income of $989k and spending of $665k, leaving 33% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $748k to $989k (+32%), an average of +7.2% a year. The sharpest change came in the year to June 2023, when income rose by 49%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Coastal Womens Shelter Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within NC. Charities of a similar size with the same main cause include Special Services Learning Center Inc ($989k), Sarahs House ($989k) and United Methodist Homes of NJ Foundation Inc ($989k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% and program service revenue 9.2% of the total. Compensation of current officers, directors and key employees was $51k (7.6% of expenses). Other salaries and wages came to $287k. At year end it held assets of $855k against liabilities of $27k, net assets of $828k. It reported 28 employees.