Shoulder of the Central Gulf Coast Inc

Analysis

Shoulder of the Central Gulf Coast Inc is a registered charity in United States, based in Spanish Fort, AL. It received its IRS tax-exemption ruling in February 1986, 40 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 September 2023, Shoulder of the Central Gulf Coast Inc reported income of $2.1m and spending of $2.3m, spending 109% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $761k to $2.1m (+181%), an average of +30% a year. The sharpest change came in the year to September 2021, when income rose by 51%. Over the whole period it spent 105% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Shoulder of the Central Gulf Coast Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 90th percentile within AL. Charities of a similar size with the same main cause include Alzheimers New Jersey Inc ($2.1m), Miller Dwan Foundation ($2.1m) and St Marys Health Clinics ($2.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 9.0% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $70k (3.0% of expenses). At year end it held assets of $4.8m against liabilities of $1.5m, net assets of $3.3m.