Sarasota Bay Watch Inc

Analysis

Sarasota Bay Watch Inc is a registered charity in United States, based in Osprey, FL. It received its IRS tax-exemption ruling in August 2008, 18 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 March 2023, Sarasota Bay Watch Inc reported income of $143k and spending of $134k, spending 94% of its income. Across the 2 years on record, from March 2022 to March 2023, income fell from $218k to $143k (-35%), an average of -35% a year. The sharpest change came in the year to March 2023, when income dropped by 35%. Over the whole period it spent 63% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Sarasota Bay Watch Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 50th percentile within FL. Charities of a similar size with the same main cause include Middle Cape Fear Basin Association Inc ($143k), Lake Anna Civic Association Inc ($143k) and Sunflower Land Trust Inc ($142k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 116% of the total. Compensation of current officers, directors and key employees was $26k (20% of expenses). At year end it held assets of $249k against liabilities of $0, net assets of $249k. It reported 2 employees.