Coastal Developmental Services Foundation

Analysis

Coastal Developmental Services Foundation is a registered charity in United States, based in El Segundo, CA. It received its IRS tax-exemption ruling in April 1983, 43 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 June 2023, Coastal Developmental Services Foundation reported income of $387.3m and spending of $389.5m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $246.8m to $387.3m (+57%), an average of +12% a year. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Coastal Developmental Services Foundation sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within CA. Charities of a similar size with the same main cause include University of Cincinnati Physicians Inc ($383.7m), Eastern Maine Healthcare Systems ($395.7m) and San Gabriel Pomona Valleys Developmental Services Inc ($380.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $539k (0.1% of expenses). Other salaries and wages came to $17.3m. At year end it held assets of $190.9m against liabilities of $181.3m, net assets of $9.5m. It reported 283 employees.