Longboat Key Center for Healthy Living Inc

Analysis

Longboat Key Center for Healthy Living Inc is a registered charity in United States, based in Longboat Key, FL. It received its IRS tax-exemption ruling in October 2016, 10 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Longboat Key Center for Healthy Living Inc reported income of $249k and spending of $285k, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $645k to $249k (-61%), an average of -21% a year. The sharpest change came in the year to December 2020, when income dropped by 65%. Over the whole period it spent 70% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Longboat Key Center for Healthy Living Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 61st percentile within FL. Charities of a similar size with the same main cause include Face-To-Face AIDS Project Inc ($249k), FSHNC Inc ($249k) and First Choice Pregnancy Center Inc ($249k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 48% of the total. Compensation of current officers, directors and key employees was $77k (27% of expenses). Other salaries and wages came to $48k. At year end it held assets of $589k against liabilities of $3,067, net assets of $586k. It reported 4 employees.