Fairchild Tropical Botanic Garden

Analysis

Fairchild Tropical Botanic Garden is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in June 1937, 89 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 October 2023, Fairchild Tropical Botanic Garden reported income of $16.4m and spending of $12.8m, leaving 22% of income unspent that year. Across the 5 years on record, from October 2019 to October 2023, income grew from $11.6m to $16.4m (+42%), an average of +9.2% a year. The sharpest change came in the year to October 2023, when income rose by 42%. Over the whole period it spent 87% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Fairchild Tropical Botanic Garden 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 97th percentile, and in the 97th percentile within FL. Charities of a similar size with the same main cause include Nantucket Conservation Foundation Inc ($16.2m), Atlantic Coast Conservancy Inc ($16.4m) and Childrens Health Defense ($16.1m).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 59% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $456k (3.6% of expenses). Other salaries and wages came to $3.4m. At year end it held assets of $51.0m against liabilities of $971k, net assets of $50.1m. It reported 101 employees.