Nature Coast Ministries Inc

Analysis

Nature Coast Ministries Inc is a registered charity in United States, based in Crystal River, FL. It received its IRS tax-exemption ruling in August 2008, 18 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Nature Coast Ministries Inc reported income of $118k and spending of $158k, spending 134% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $262k to $118k (-55%), an average of -55% a year. The sharpest change came in the year to December 2023, when income dropped by 55%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Nature Coast Ministries Inc sits at the 37th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 45th percentile within FL. Charities of a similar size with the same main cause include Gifts of Love of Pa ($118k), The Clinton County Fair Association Inc ($118k) and Lets Share a Meal Inc ($118k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% of the total. Other salaries and wages came to $42k. At year end it held assets of $210k against liabilities of $6,103, net assets of $204k. It reported 13 employees.