Coastal Harvest

Analysis

Coastal Harvest is a registered charity in United States, based in Hoquiam, WA. It received its IRS tax-exemption ruling in October 1996, 30 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, Coastal Harvest reported income of $5.8m and spending of $5.7m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.5m to $5.8m (+29%), an average of +6.6% a year. The sharpest change came in the year to June 2020, when income rose by 104%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Coastal Harvest sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within WA. Charities of a similar size with the same main cause include Communities United Inc ($5.8m), Family Counseling Service of Aurora ($5.8m) and Texas Center for Child and Family Studies ($5.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $75k (1.3% of expenses). Other salaries and wages came to $242k. At year end it held assets of $2.2m against liabilities of $16k, net assets of $2.2m. It reported 12 employees.