Bonita Bay Veterans Council

Analysis

Bonita Bay Veterans Council is a registered charity in United States, based in Bonita SPGS, FL. It received its IRS tax-exemption ruling in April 2015, 11 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bonita Bay Veterans Council reported income of $381k and spending of $425k, spending 112% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $235k to $381k (+62%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 68%. Over the whole period it spent 95% 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 Bay Veterans Council sits at the 73rd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 69th percentile within FL. Charities of a similar size with the same main cause include Civil Righteousness Inc ($381k), Monira Foundation ($381k) and Patriotic Productions Inc ($381k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $175k against liabilities of $0, net assets of $175k.