Alabama Coastal Foundation Inc

Analysis

Alabama Coastal Foundation Inc is a registered charity in United States, based in Mobile, AL. It received its IRS tax-exemption ruling in June 1993, 33 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Alabama Coastal Foundation Inc reported income of $437k and spending of $428k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $629k to $437k (-31%), an average of -8.7% a year. The sharpest change came in the year to December 2020, when income dropped by 16%. Over the whole period it spent 100% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Alabama Coastal Foundation Inc sits at the 65th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within AL. Charities of a similar size with the same main cause include Cool the Earth Inc ($437k), Community Thrift & Treasure Inc ($437k) and Institute for Environmental Innovation ($437k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 40% of the total. Other salaries and wages came to $164k. At year end it held assets of $62k against liabilities of $8,492, net assets of $54k. It reported 4 employees.