Coastal Shores Inc

Analysis

Coastal Shores Inc is a registered charity in United States, based in Newport News, VA. It received its IRS tax-exemption ruling in October 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Coastal Shores Inc reported income of $159k and spending of $192k, spending 121% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $133k to $159k (+19%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 106% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Coastal Shores Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 48th percentile within VA. Charities of a similar size with the same main cause include Brodheads Watershed Association ($159k), Conservation Fusion Inc ($159k) and On the Ground ($159k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 13% of the total. At year end it held assets of $29k against liabilities of $2,007, net assets of $27k.