Coastal Expeditions Foundation

Analysis

Coastal Expeditions Foundation is a registered charity in United States, based in Mt Pleasant, SC. It received its IRS tax-exemption ruling in April 2019, 7 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 December 2023, Coastal Expeditions Foundation reported income of $359k and spending of $248k, leaving 31% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $427k to $359k (-16%), an average of -16% a year. The sharpest change came in the year to December 2023, when income dropped by 16%. Over the whole period it spent 59% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Coastal Expeditions Foundation sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 69th percentile within SC. Charities of a similar size with the same main cause include Sustainable America Inc ($358k), Lake County Land Trust Organization ($360k) and Soulful Seeds ($358k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Other salaries and wages came to $24k. At year end it held assets of $548k against liabilities of $53k, net assets of $495k. It reported 2 employees.