Lake Worth Lagoon Environmental Defense Fund Inc

Analysis

Lake Worth Lagoon Environmental Defense Fund Inc is a registered charity in United States, based in Riviera Beach, FL. It received its IRS tax-exemption ruling in January 2005, 21 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 2022, Lake Worth Lagoon Environmental Defense Fund Inc reported income of $285k and spending of $278k, spending 98% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $218k to $285k (+30%), an average of +9.2% a year. The sharpest change came in the year to December 2021, when income rose by 67%. Over the whole period it spent 91% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Lake Worth Lagoon Environmental Defense Fund Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 64th percentile within FL. Charities of a similar size with the same main cause include Maine Lakes Society ($285k), Association for Environmental and Outdoor Education ($285k) and Guardians of Martin County Inc ($285k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 25% and program service revenue 75% of the total. Other salaries and wages came to $17k. At year end it held assets of $642k against liabilities of $302k, net assets of $340k. It reported 1 employees.