Optimist Club of Gulf Breeze FL Inc

Analysis

Optimist Club of Gulf Breeze FL Inc is a registered charity in United States, based in Gulf Breeze, FL. It received its IRS tax-exemption ruling in February 2015, 11 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general 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 December 2023, Optimist Club of Gulf Breeze FL Inc reported income of $125k and spending of $118k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $203k to $125k (-38%), an average of -38% a year. The sharpest change came in the year to December 2023, when income dropped by 38%. Over the whole period it spent 74% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Optimist Club of Gulf Breeze FL Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 46th percentile within FL. Charities of a similar size with the same main cause include North College Hill Scholarship Foundation Inc ($125k), PTO Massachusetts Parent-Teacher Runkle School PTO ($125k) and Cfsa Properties IV Inc ($125k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 30% of the total. At year end it held assets of $96k against liabilities of $2,526, net assets of $93k.