Friends of the Everglades Inc

Analysis

Friends of the Everglades Inc is a registered charity in United States, based in Stuart, FL. It received its IRS tax-exemption ruling in September 1971, 55 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Friends of the Everglades Inc reported income of $1.1m and spending of $922k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $387k to $1.1m (+175%), an average of +29% a year. The sharpest change came in the year to December 2021, when income rose by 103%. Over the whole period it spent 80% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Friends of the Everglades Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 82nd percentile within FL. Charities of a similar size with the same main cause include Watershed Management Group Inc ($1.1m), Wiregrass Resource Conservation and Development Project Inc ($1.1m) and Clean Energy Economy Minnesota ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $118k (13% of expenses). Other salaries and wages came to $298k. At year end it held assets of $1.1m against liabilities of $15k, net assets of $1.0m. It reported 7 employees.