Southeast Stormwater Association

Analysis

Southeast Stormwater Association is a registered charity in United States, based in Tallahassee, FL. It received its IRS tax-exemption ruling in September 2006, 20 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 June 2024, Southeast Stormwater Association reported income of $346k and spending of $307k, spending 89% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $282k to $346k (+23%), an average of +5.3% a year. The sharpest change came in the year to June 2023, when income rose by 26%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Southeast Stormwater Association 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 64th percentile, and in the 67th percentile within FL. Charities of a similar size with the same main cause include San Diego Figure Skating Club ($346k), Escuela Montessori de Montopolis Inc ($346k) and Augusta Biomedical Research Corporation ($346k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 41% and program service revenue 58% of the total. At year end it held assets of $506k against liabilities of $168k, net assets of $338k.