Smart Coast California

Analysis

Smart Coast California is a registered charity in United States, based in Oxnard, CA. It received its IRS tax-exemption ruling in September 2023, 3 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Smart Coast California reported income of $171k and spending of $404k, spending 236% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $141k to $171k (+21%), an average of +21% a year. The sharpest change came in the year to December 2023, when income rose by 21%. Over the whole period it spent 149% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Smart Coast California sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 52nd percentile within CA. Charities of a similar size with the same main cause include Sonoma County Economic Development Board Foundation ($171k), Our Greater Good Inc ($171k) and Conejo Valley Days Inc ($171k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 69% of the total. At year end it held assets of $94k against liabilities of $35k, net assets of $59k.