Emerald Coast Fitness Foundation

Analysis

Emerald Coast Fitness Foundation is a registered charity in United States, based in Ft Walton BCH, FL. It received its IRS tax-exemption ruling in March 2015, 11 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 December 2023, Emerald Coast Fitness Foundation reported income of $963k and spending of $978k, spending 102% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $509k to $963k (+89%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 34%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Emerald Coast Fitness Foundation sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 81st percentile within FL. Charities of a similar size with the same main cause include Pop Warner Little Scholars Inc ($963k), Champlin-Dayton Athletic Association ($963k) and Pelham Community Rowing Association Inc ($963k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $15k (1.5% of expenses). Other salaries and wages came to $467k. At year end it held assets of $138k against liabilities of $44k, net assets of $94k. It reported 86 employees.