Coastal Health Systems of Brevard Inc

Analysis

Coastal Health Systems of Brevard Inc is a registered charity in United States, based in Rockledge, FL. It received its IRS tax-exemption ruling in June 1989, 37 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Coastal Health Systems of Brevard Inc reported income of $11.1m and spending of $10.6m, spending 96% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $7.3m to $11.1m (+52%), an average of +11% a year. The sharpest change came in the year to September 2021, when income rose by 33%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Coastal Health Systems of Brevard Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within FL. Charities of a similar size with the same main cause include Rancho Research Institute ($11.1m), Yolo Hospice Inc ($11.1m) and Brooklyn Heights Montessori School ($11.1m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $5.9m. At year end it held assets of $8.7m against liabilities of $771k, net assets of $7.9m. It reported 159 employees.