Coastal Neighbors Network Inc

Analysis

Coastal Neighbors Network Inc is a registered charity in United States, based in S Dartmouth, MA. It received its IRS tax-exemption ruling in November 2016, 10 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, Coastal Neighbors Network Inc reported income of $107k and spending of $102k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $94k to $107k (+13%), an average of +13% a year. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Coastal Neighbors Network Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 45th percentile within MA. Charities of a similar size with the same main cause include Learning Institute Inc ($107k), PTA New Jersey Congress of Parents & Teachers ($107k) and The Carpenters Hope ($107k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 71% of the total. At year end it held assets of $237k against liabilities of $2,130, net assets of $235k.