Coastwalk

Analysis

Coastwalk is a registered charity in United States, based in Sebastopol, CA. It received its IRS tax-exemption ruling in March 1992, 34 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 December 2023, Coastwalk reported income of $85k and spending of $114k, spending 133% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $152k to $85k (-44%), an average of -14% a year. The sharpest change came in the year to December 2020, when income dropped by 42%. 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, Coastwalk sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 35th percentile within CA. Charities of a similar size with the same main cause include Little League Baseball Inc ($85k), Miss Agriculture & Forestry Museum Foundation Walter Siller BLDG ($85k) and Montgomery Chorale ($85k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 72% of the total. Other salaries and wages came to $40k. At year end it held assets of $89k against liabilities of $4,426, net assets of $84k. It reported 2 employees.