Naples Zoo Inc

Analysis

Naples Zoo Inc is a registered charity in United States, based in Naples, FL. It received its IRS tax-exemption ruling in September 2005, 21 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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 September 2023, Naples Zoo Inc reported income of $9.2m and spending of $8.6m, spending 93% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $13.4m to $9.2m (-31%), an average of -9.0% a year. The sharpest change came in the year to September 2022, when income rose by 56%. Over the whole period it spent 71% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Naples Zoo Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within FL. Charities of a similar size with the same main cause include Theodore Roosevelt Conservation Partnership Inc ($9.2m), The Cleveland Animal Protective League ($9.2m) and First Coast No More Homeless Pets Inc ($9.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 36% and program service revenue 59% of the total. Compensation of current officers, directors and key employees was $485k (5.6% of expenses). Other salaries and wages came to $4.2m. At year end it held assets of $39.7m against liabilities of $4.9m, net assets of $34.8m. It reported 135 employees.