Friends of the Port St Lucie Botanical Gardens

Analysis

Friends of the Port St Lucie Botanical Gardens is a registered charity in United States, based in Port St Lucie, FL. It received its IRS tax-exemption ruling in May 2008, 18 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Friends of the Port St Lucie Botanical Gardens reported income of $311k and spending of $217k, leaving 30% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $227k to $311k (+37%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 34%. Over the whole period it spent 70% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Friends of the Port St Lucie Botanical Gardens sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 65th percentile within FL. Charities of a similar size with the same main cause include Junior League of Greater Lakeland Inc ($311k), Design Forward Alliance ($312k) and Idyllwild Help Center ($311k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% and program service revenue 29% of the total. At year end it held assets of $394k against liabilities of $28k, net assets of $367k.