Manasota Buds Inc

Analysis

Manasota Buds Inc is a registered charity in United States, based in Bradenton, FL. It received its IRS tax-exemption ruling in June 2003, 23 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Manasota Buds Inc reported income of $98k and spending of $86k, spending 88% of its income. Across the 2 years on record, from September 2022 to September 2023, income grew from $34k to $98k (+185%), an average of +185% a year. The sharpest change came in the year to September 2023, when income rose by 185%. Over the whole period it spent 136% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Manasota Buds Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 40th percentile within FL. Charities of a similar size with the same main cause include Advanced Radiology Services Foundation ($98k), Garrett V Bivens Foundation Inc ($98k) and Pinellas County Intergroup Inc ($98k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $224k against liabilities of $0, net assets of $224k.