Friends of Sarasota County Parks Inc

Analysis

Friends of Sarasota County Parks Inc is a registered charity in United States, based in Nokomis, FL. It received its IRS tax-exemption ruling in October 2003, 23 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 September 2023, Friends of Sarasota County Parks Inc reported income of $156k and spending of $113k, leaving 27% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income fell from $341k to $156k (-54%), an average of -18% a year. The sharpest change came in the year to September 2022, when income rose by 102%. Over the whole period it spent 78% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Friends of Sarasota County Parks Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 52nd percentile within FL. Charities of a similar size with the same main cause include Foster Kidd Foundation ($156k), Key West Little Conch Baseball League Inc ($156k) and Aiken Futbol Club ($156k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $721k against liabilities of $0, net assets of $721k.