Loxahatchee River Historical Society Inc

Analysis

Loxahatchee River Historical Society Inc is a registered charity in United States, based in Jupiter, FL. It received its IRS tax-exemption ruling in August 1975, 51 years ago. 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 December 2023, Loxahatchee River Historical Society Inc reported income of $1.5m and spending of $1.5m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.6m to $1.5m (-1.5%), an average of -0.4% a year. The sharpest change came in the year to December 2021, when income rose by 51%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Loxahatchee River Historical Society Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within FL. Charities of a similar size with the same main cause include Bowman County Job Development Inc ($1.5m), Oneida Health Roswell Park Oncology LLC ($1.5m) and Buttons & Bows Preschool Development Center Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 36% of the total. Compensation of current officers, directors and key employees was $89k (5.9% of expenses). Other salaries and wages came to $522k. At year end it held assets of $1.1m against liabilities of $118k, net assets of $1.0m. It reported 26 employees.