Coastal Emc Foundation Inc

Analysis

Coastal Emc Foundation Inc is a registered charity in United States, based in Midway, GA. It received its IRS tax-exemption ruling in June 2004, 22 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 Emc Foundation Inc reported income of $386k and spending of $322k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $97k to $386k (+296%), an average of +41% a year. The sharpest change came in the year to December 2020, when income rose by 254%. Over the whole period it spent 82% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Coastal Emc Foundation 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 66th percentile, and in the 70th percentile within GA. Charities of a similar size with the same main cause include United Way Services of Northern Columbiana County ($386k), Fall Creek Leadership Foundation Inc ($386k) and Arcadia Foundation ($386k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $587k against liabilities of $0, net assets of $587k.