Murrells Inlet 2020

Analysis

Murrells Inlet 2020 is a registered charity in United States, based in Murrells Inlet, SC. It received its IRS tax-exemption ruling in January 1998, 28 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Murrells Inlet 2020 reported income of $198k and spending of $173k, spending 87% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $150k to $198k (+32%), an average of +5.7% a year. The sharpest change came in the year to December 2019, when income rose by 253%. Over the whole period it spent 84% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Murrells Inlet 2020 sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 59th percentile within SC. Charities of a similar size with the same main cause include People & Plants Internaional Inc ($198k), Passaic River Coalition ($198k) and Clean Water for the World ($198k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% of the total. Compensation of current officers, directors and key employees was $56k (32% of expenses). Other salaries and wages came to $13k. At year end it held assets of $382k against liabilities of $3,969, net assets of $378k. It reported 3 employees.