Skyway Marina District Inc

Analysis

Skyway Marina District Inc is a registered charity in United States, based in St Petersburg, FL. It received its IRS tax-exemption ruling in May 2014, 12 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, Skyway Marina District Inc reported income of $58k and spending of $72k, spending 125% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $98k to $58k (-41%), an average of -12% a year. The sharpest change came in the year to September 2023, when income dropped by 40%. Over the whole period it spent 92% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Skyway Marina District Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 26th percentile within FL. Charities of a similar size with the same main cause include Folsom Baseball Club ($58k), Iowa Park Recreational Activities Club Inc ($58k) and Burbank Little League ($58k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 97% and program service revenue 3.0% of the total. Other salaries and wages came to $43k. At year end it held assets of $61k against liabilities of $0, net assets of $61k. It reported 1 employees.