Narconon Suncoast Inc

Analysis

Narconon Suncoast Inc is a registered charity in United States, based in Clearwater, FL. It received its IRS tax-exemption ruling in June 2011, 15 years ago. 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 2022, Narconon Suncoast Inc reported income of $1.2m and spending of $2.0m, spending 166% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $1.8m to $1.2m (-35%), an average of -13% a year. The sharpest change came in the year to December 2022, when income dropped by 52%. Over the whole period it spent 116% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Narconon Suncoast Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 83rd percentile within FL. Charities of a similar size with the same main cause include Washington County Life Saving Crew Incorporated ($1.2m), Volunteers of America Inc ($1.2m) and Oasis for Youth ($1.2m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 0.7% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $102k (5.2% of expenses). Other salaries and wages came to $449k. At year end it held assets of $860k against liabilities of $789k, net assets of $71k. It reported 37 employees.