Okefenokee Swamp Park Inc

Analysis

Okefenokee Swamp Park Inc is a registered charity in United States, based in Waycross, GA. It received its IRS tax-exemption ruling in September 1975, 51 years ago. 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 2022, Okefenokee Swamp Park Inc reported income of $2.1m and spending of $2.2m, spending 102% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $917k to $2.1m (+134%), an average of +33% a year. The sharpest change came in the year to December 2021, when income rose by 146%. Over the whole period it spent 109% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Okefenokee Swamp Park Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 89th percentile within GA. Charities of a similar size with the same main cause include All Points Transit Inc ($2.1m), YMCA Indiana County Pennsylvania ($2.1m) and Los Alamitos Education Foundation ($2.1m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 13% and program service revenue 69% of the total. Other salaries and wages came to $979k. At year end it held assets of $1.3m against liabilities of $125k, net assets of $1.2m. It reported 82 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.