Coastal Enterprises Inc
30 Federal St, Brunswick, ME · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $19,896,255 | $23,228,135 | $56,406,085 |
| FY2024 | $39,919,564 | $23,726,709 | $59,736,995 |
| FY2023 | $22,641,314 | $18,685,864 | $43,544,140 |
| FY2022 | $13,614,519 | $12,902,636 | $39,588,690 |
| FY2021 | $43,453,136 | $28,637,781 | $41,073,726 |
| FY2020 | $12,013,440 | $12,297,218 | $34,554,061 |
| FY2019 | $9,413,252 | $11,309,115 | $41,759,429 |
| FY2018 | $12,953,607 | $14,400,815 | $37,372,057 |
| FY2017 | $12,465,209 | $11,717,944 | $40,186,548 |
| FY2016 | $11,004,125 | $12,748,771 | $37,153,074 |
| FY2015 | $10,776,339 | $10,648,372 | $39,239,391 |
| FY2014 | $11,702,264 | $10,257,027 | $36,908,501 |
| FY2013 | $10,317,637 | $10,180,925 | $34,927,254 |
| FY2012 | $17,232,657 | $9,683,239 | $34,817,629 |
Form 990 filings
The returns filed by Coastal Enterprises Inc (EIN 01-0347504), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $8,977,304 | 45% |
| Program service revenue | $4,008,755 | 20% |
| Other revenue | $6,910,196 | 35% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $17,722,189 | 76% |
| Management & general | $5,047,996 | 22% |
| Fundraising | $457,950 | 2% |
What the numbers show
- Contributions & grants made up 45% of total revenue in FY2025.
- Program services accounted for 76% of functional expenses, management & general 22%, and fundraising 2%.
- 76% of functional expenses went to program services in FY2025. That is higher than 15.9% of 929 Housing & Shelter organizations nationwide (too few in ME for a state comparison).
- Net assets covered about 29.1 months of expenses at the end of the reporting year. That puts it in the 66th percentile among 127 Housing & Shelter organizations in ME.
- Total revenue was higher than 97.7% of 130 Housing & Shelter organizations in ME.
- Total revenue rose from $17,232,657 in FY2012 to $19,896,255 in FY2025. Revenue increased in 8 and decreased in 5 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 5 of 14 reported years (FY2016, FY2018, FY2019, FY2020, FY2025).
- The highest revenue on record here is $43,453,136 in FY2021.
- Net assets grew from $34,817,629 to $56,406,085 between FY2012 and FY2025.
- Contributions and grants made up 5% of revenue in FY2012 and 45% in FY2025.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
GROW A VIBRANT FUTURE FOR MAINE PEOPLE THROUGH COMMUNITY DEVELOPMENT FINANCE.
IRS status
| Ruling year | 1978 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | L21 — Housing & Shelter |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
Similar organizations
- Housing Initiatives of New England — Scarborough, ME · $4,720,182
- Maine Life Care Retirement Community Inc — Scarborough, ME · $36,977,131
Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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