Ingleside on the Bay Coastal Watch Association

Analysis

Ingleside on the Bay Coastal Watch Association is a registered charity in United States, based in Ingleside, TX. It received its IRS tax-exemption ruling in November 2019, 7 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Ingleside on the Bay Coastal Watch Association reported income of $381k and spending of $372k, spending 98% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $133k to $381k (+187%), an average of +42% a year. The sharpest change came in the year to December 2021, when income rose by 77%. Over the whole period it spent 59% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Ingleside on the Bay Coastal Watch Association sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 70th percentile within TX. Charities of a similar size with the same main cause include Junior League of Summit Inc ($380k), Goodwork ($381k) and Goodwill Ky Support Corporation ($380k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $434k against liabilities of $0, net assets of $434k.