Coastal Arts League

Analysis

Coastal Arts League is a registered charity in United States, based in Half Moon Bay, CA. It received its IRS tax-exemption ruling in May 1981, 45 years ago. 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 Arts League reported income of $106k and spending of $116k, spending 110% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $136k to $106k (-22%), an average of -22% a year. The sharpest change came in the year to December 2023, when income dropped by 22%. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Coastal Arts League sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 41st percentile within CA. Charities of a similar size with the same main cause include Street2feet ($106k), Sun Lakes Posse ($106k) and Mount Prospect Historical Society ($106k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 77% of the total. At year end it held assets of $103k against liabilities of $873, net assets of $102k.