Coastal Gateway Health Center

Analysis

Coastal Gateway Health Center is a registered charity in United States, based in Winnie, TX. It received its IRS tax-exemption ruling in July 2022, 4 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 Gateway Health Center reported income of $1.2m and spending of $1.2m, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $755k to $1.2m (+62%), an average of +62% a year. The sharpest change came in the year to December 2023, when income rose by 62%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Coastal Gateway Health Center sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 85th percentile within TX. Charities of a similar size with the same main cause include Salina Regional Home Medical Services LLC ($1.2m), Morgan Pressel Foundation Inc ($1.2m) and Hope Valley Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 5.8% of the total. Other salaries and wages came to $616k. At year end it held assets of $238k against liabilities of $185k, net assets of $53k. It reported 12 employees.