Krewe of St Andrews Inc

Analysis

Krewe of St Andrews Inc is a registered charity in United States, based in Panama City, FL. It received its IRS tax-exemption ruling in April 2005, 21 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, Krewe of St Andrews Inc reported income of $249k and spending of $268k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $172k to $249k (+45%), an average of +9.8% a year. The sharpest change came in the year to December 2022, when income rose by 159%. Over the whole period it spent 73% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Krewe of St Andrews Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 61st percentile within FL. Charities of a similar size with the same main cause include Chappaqua Youth Soccer Club Inc ($249k), Central Saints Youth Football Inc ($249k) and Learning Through Golf Foundationinc ($249k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 36% of the total. At year end it held assets of $1.1m against liabilities of $457k, net assets of $676k.