Coastal Outreach Academies Inc

Analysis

Coastal Outreach Academies Inc is a registered charity in United States, based in Brunswick, GA. It received its IRS tax-exemption ruling in December 2016, 10 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 Outreach Academies Inc reported income of $491k and spending of $356k, leaving 28% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $267k to $491k (+84%), an average of +22% a year. The sharpest change came in the year to December 2021, when income rose by 61%. Over the whole period it spent 81% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Coastal Outreach Academies Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 74th percentile within GA. Charities of a similar size with the same main cause include Guild of Oregon Woodworkers ($491k), The Oakdale Athletic Association Inc ($491k) and Miracle League of Arizona ($491k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $76k (21% of expenses). Other salaries and wages came to $98k. At year end it held assets of $316k against liabilities of $0, net assets of $316k. It reported 4 employees.