Operation 300 Inc

Analysis

Operation 300 Inc is a registered charity in United States, based in Stuart, FL. It received its IRS tax-exemption ruling in May 2013, 13 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Operation 300 Inc reported income of $1.6m and spending of $1.5m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $1.6m (+14%), an average of +3.4% a year. The sharpest change came in the year to December 2022, when income rose by 107%. Over the whole period it spent 73% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Operation 300 Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 86th percentile within FL. Charities of a similar size with the same main cause include Outdoor Odyssey at Roaring Run ($1.6m), Watertown Boys and Girls Club Inc ($1.6m) and The Boys & Girls Clubs of the Sun Corridor Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 6.3% of the total. Compensation of current officers, directors and key employees was $144k (9.4% of expenses). Other salaries and wages came to $206k. At year end it held assets of $3.0m against liabilities of $178k, net assets of $2.8m. It reported 4 employees.