St Andrew Bay Center Inc

Analysis

St Andrew Bay Center Inc is a registered charity in United States, based in Lynn Haven, FL. It received its IRS tax-exemption ruling in April 1959, 67 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, St Andrew Bay Center Inc reported income of $2.4m and spending of $2.0m, spending 84% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.4m to $2.4m (+66%), an average of +11% a year. The sharpest change came in the year to June 2022, when income rose by 29%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Andrew Bay Center Inc sits at the 87th 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 FL. Charities of a similar size with the same main cause include Pequannock Township Senior Citizens Housing Corp ($2.4m), Purdue University Fort Wayne Foundation Inc ($2.4m) and J R Coleman Family Services Corp ($2.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 35% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $185k (9.3% of expenses). Other salaries and wages came to $921k. At year end it held assets of $2.2m against liabilities of $262k, net assets of $2.0m. It reported 148 employees.