Coastal Bend Bays Foundation Inc

Analysis

Coastal Bend Bays Foundation Inc is a registered charity in United States, based in Corpus Christi, TX. It received its IRS tax-exemption ruling in July 1991, 35 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 Bend Bays Foundation Inc reported income of $144k and spending of $122k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $79k to $144k (+81%), an average of +16% a year. The sharpest change came in the year to December 2022, when income rose by 128%. Over the whole period it spent 99% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Coastal Bend Bays Foundation Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 50th percentile within TX. Charities of a similar size with the same main cause include Master Gardener Foundation of Tulsa Inc ($143k), The Garden Club of North Carolina Inc ($144k) and Nature Center Associates of Los Angeles County ($143k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% and program service revenue 58% of the total. Other salaries and wages came to $55k. At year end it held assets of $103k against liabilities of $725, net assets of $102k. It reported 2 employees.