Coastal Hospice Inc

Analysis

Coastal Hospice Inc is a registered charity in United States, based in Crescent City, CA. It received its IRS tax-exemption ruling in September 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Hospice Inc reported income of $598k and spending of $547k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $10k to $598k (+5610%), an average of +5610% a year. The sharpest change came in the year to December 2023, when income rose by 5610%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Coastal Hospice Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 74th percentile within CA. Charities of a similar size with the same main cause include Helpguideorg International ($598k), Comidas Consulting Services ($598k) and Disabled American Veterans of Minnesota Foundation ($598k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 26% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $209k (38% of expenses). Other salaries and wages came to $173k. At year end it held assets of $533k against liabilities of $485k, net assets of $47k. It reported 2 employees.