Coastside Child Development Center

Analysis

Coastside Child Development Center is a registered charity in United States, based in Half Moon Bay, CA. It received its IRS tax-exemption ruling in October 1992, 34 years ago. 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 June 2023, Coastside Child Development Center reported income of $1.1m and spending of $979k, spending 87% of its income. Across the 3 years on record, from June 2019 to June 2023, income grew from $970k to $1.1m (+16%), an average of +7.9% a year. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Coastside Child Development Center sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include Marinda T Obeirne Crisis Nursery ($1.1m), Arizona Ecumenical Council ($1.1m) and St Michaels Housing Inc ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 59% and program service revenue 41% of the total. Compensation of current officers, directors and key employees was $143k (15% of expenses). At year end it held assets of $934k against liabilities of $55k, net assets of $879k. It reported 11 employees.