Starfish Adventures Inc

Analysis

Starfish Adventures Inc is a registered charity in United States, based in Bradenton, FL. It received its IRS tax-exemption ruling in June 2011, 15 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Starfish Adventures Inc reported income of $105k and spending of $93k, spending 88% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $94k to $105k (+12%), an average of +12% a year. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Starfish Adventures Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 42nd percentile within FL. Charities of a similar size with the same main cause include Kingston Farmers Market Foundationinc ($105k), Dreamweek Inc ($105k) and Blytheville Community Samaritan Ministries ($105k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $76k against liabilities of $0, net assets of $76k.