Coastal Bend Bays & Estuaries Program

Analysis

Coastal Bend Bays & Estuaries Program is a registered charity in United States, based in Corp Christi, TX. It received its IRS tax-exemption ruling in January 2002, 24 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 August 2023, Coastal Bend Bays & Estuaries Program reported income of $8.6m and spending of $7.9m, spending 92% of its income. Across the 5 years on record, from August 2019 to August 2023, income fell from $9.7m to $8.6m (-11%), an average of -3.0% a year. The sharpest change came in the year to August 2023, when income rose by 61%. Over the whole period it spent 77% 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 & Estuaries Program sits at the 97th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 96th percentile within TX. Charities of a similar size with the same main cause include Quail Gardens Foundation Inc ($8.6m), Redwood Forest Foundation Inc ($8.6m) and Grist Magazine Inc ($8.6m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $111k (1.4% of expenses). Other salaries and wages came to $989k. At year end it held assets of $36.8m against liabilities of $4.1m, net assets of $32.7m. It reported 20 employees.