South Coast Code

Analysis

South Coast Code is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in August 2017, 9 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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, South Coast Code reported income of $76k and spending of $76k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $80k to $76k (-5.4%), an average of -5.4% a year. Over the whole period it spent 108% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, South Coast Code sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 29th percentile within LA. Charities of a similar size with the same main cause include Shine House ($76k), Palmetto Opera ($76k) and Cuban Cultural Heritage Corp ($76k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 4.8% and program service revenue 95% of the total. At year end it held assets of $1,545 against liabilities of $2,750, net assets of -$1,205.