Coachsafely Foundation

Analysis

Coachsafely Foundation is a registered charity in United States, based in Homewood, AL. It received its IRS tax-exemption ruling in October 2019, 7 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 July 2024, Coachsafely Foundation reported income of $1.1m and spending of $1.0m, spending 95% of its income. Across the 4 years on record, from July 2021 to July 2024, income grew from $278k to $1.1m (+294%), an average of +58% a year. The sharpest change came in the year to July 2022, when income rose by 234%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Coachsafely Foundation sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 84th percentile within AL. Charities of a similar size with the same main cause include Harbor Counseling Inc ($1.1m), Central Texas Veterans Research Foundation ($1.1m) and Wilmette Wings Soccer Club ($1.1m).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 27% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $78k (7.4% of expenses). Other salaries and wages came to $278k. At year end it held assets of $269k against liabilities of $0, net assets of $269k.