Green Sea Floyds Recreation Inc

Analysis

Green Sea Floyds Recreation Inc is a registered charity in United States, based in Green Sea, SC. It received its IRS tax-exemption ruling in September 2004, 22 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 July 2024, Green Sea Floyds Recreation Inc reported income of $55k and spending of $70k, spending 127% of what it took in. Across the 4 years on record, from July 2021 to July 2024, income grew from $27k to $55k (+107%), an average of +27% a year. The sharpest change came in the year to July 2023, when income rose by 137%. Over the whole period it spent 93% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Green Sea Floyds Recreation Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 28th percentile within SC. Charities of a similar size with the same main cause include Gem City Crew Inc ($55k), Lone Jack Athletic Association ($55k) and Love Sweat & Gears ($55k).

On its Form 990-EZ for the period ending July 2024, revenue came from program service revenue 99% of the total. At year end it held assets of $109k against liabilities of $0, net assets of $109k.