Gulf Breeze Quarterback Club Inc

Analysis

Gulf Breeze Quarterback Club Inc is a registered charity in United States, based in Gulf Breeze, FL. It received its IRS tax-exemption ruling in May 2004, 22 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Gulf Breeze Quarterback Club Inc reported income of $161k and spending of $149k, spending 93% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $74k to $161k (+117%), an average of +47% a year. The sharpest change came in the year to December 2023, when income rose by 79%. Over the whole period it spent 108% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Gulf Breeze Quarterback Club Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 53rd percentile within FL. Charities of a similar size with the same main cause include Bristol Baseball Inc ($161k), Oklahoma Firefighters Burn Camp Inc ($161k) and RGJP Tennis Inc ($161k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 43% of the total. At year end it held assets of $25k against liabilities of $0, net assets of $25k.