Coastal Bend Center for Independent Living

Analysis

Coastal Bend Center for Independent Living is a registered charity in United States, based in Corp Christi, TX. It received its IRS tax-exemption ruling in October 1998, 28 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Center for Independent Living reported income of $2.8m and spending of $2.7m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.7m to $2.8m (-24%), an average of -6.6% a year. The sharpest change came in the year to December 2021, when income dropped by 37%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Coastal Bend Center for Independent Living sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 91st percentile within TX. Charities of a similar size with the same main cause include Challengers Independent Living Inc ($2.8m), Stony Brook Child Care Services Inc ($2.8m) and Faithworks of the Inner City Inc ($2.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.9m against liabilities of $282k, net assets of $1.7m. It reported 44 employees.