Mead Botanical Garden Inc

Analysis

Mead Botanical Garden Inc is a registered charity in United States, based in Winter Park, FL. It received its IRS tax-exemption ruling in September 2003, 23 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, Mead Botanical Garden Inc reported income of $505k and spending of $459k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $377k to $505k (+34%), an average of +7.6% a year. The sharpest change came in the year to December 2021, when income rose by 76%. Over the whole period it spent 93% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Mead Botanical Garden Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 73rd percentile within FL. Charities of a similar size with the same main cause include Frenship Youth Baseball ($505k), CT Cycling Advancement Program Inc ($505k) and Tahoe-Pyramid Trail Inc ($505k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 31% of the total. Compensation of current officers, directors and key employees was $73k (16% of expenses). Other salaries and wages came to $132k. At year end it held assets of $1.6m against liabilities of $100k, net assets of $1.5m. It reported 23 employees.