Coachart Org

Analysis

Coachart Org is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in December 2001, 25 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Coachart Org reported income of $1.5m and spending of $2.1m, spending 139% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $1.5m (+1.2%), an average of +0.3% a year. The sharpest change came in the year to December 2021, when income rose by 41%. Over the whole period it spent 98% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Coachart Org sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include Student Reach ($1.5m), The Indiana Ffa Foundation Inc ($1.5m) and Manchester Area Conference of Churches Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 107% of the total. Compensation of current officers, directors and key employees was $197k (9.3% of expenses). Other salaries and wages came to $997k. At year end it held assets of $1.1m against liabilities of $150k, net assets of $989k. It reported 19 employees.