South Coast Horizons

Analysis

South Coast Horizons is a registered charity in United States, based in Coos Bay, OR. It received its IRS tax-exemption ruling in November 1974, 52 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 June 2023, South Coast Horizons reported income of $3.6m and spending of $3.0m, spending 81% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.6m to $3.6m (+41%), an average of +8.9% a year. The sharpest change came in the year to June 2023, when income rose by 41%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, South Coast Horizons sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within OR. Charities of a similar size with the same main cause include Residential Experience in Adult Living Inc ($3.6m), Children and Family Services Inc ($3.6m) and Masonic-Eastern Star Home for Children ($3.6m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $65k (2.2% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $1.8m against liabilities of $682k, net assets of $1.1m. It reported 50 employees.