Coastal Family Health Center Inc

Analysis

Coastal Family Health Center Inc is a registered charity in United States, based in Gulfport, MS. It received its IRS tax-exemption ruling in February 1979, 47 years ago. Its declared purposes cover health care, 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 December 2023, Coastal Family Health Center Inc reported income of $29.1m and spending of $27.4m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $22.0m to $29.1m (+33%), an average of +7.3% a year. The sharpest change came in the year to December 2021, when income rose by 55%. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Coastal Family Health Center Inc sits at the 91st percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within MS. Charities of a similar size with the same main cause include The Foundation for AIDS Research ($29.1m), Holzer Medical Center-Jackson ($29.1m) and New Horizons of the Treasure Coast Inc ($29.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 55% of the total. Compensation of current officers, directors and key employees was $230k (0.8% of expenses). Other salaries and wages came to $14.8m. At year end it held assets of $29.2m against liabilities of $8.2m, net assets of $21.1m. It reported 353 employees.