Bonita Wonder Gardens Inc

Analysis

Bonita Wonder Gardens Inc is a registered charity in United States, based in Bonita SPGS, FL. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 April 2023, Bonita Wonder Gardens Inc reported income of $1.6m and spending of $1.5m, spending 95% of its income. Across the 4 years on record, from April 2019 to April 2023, income grew from $941k to $1.6m (+67%), an average of +19% a year. The sharpest change came in the year to April 2022, when income rose by 50%. Over the whole period it spent 74% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Bonita Wonder Gardens 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 West Lake Art Conservation Center Inc ($1.6m), Climate Foundation ($1.6m) and Center for the Arts of Homer Inc ($1.6m).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 41% and program service revenue 43% of the total. Compensation of current officers, directors and key employees was $102k (6.8% of expenses). Other salaries and wages came to $665k. At year end it held assets of $2.2m against liabilities of $121k, net assets of $2.1m. It reported 38 employees.