Louise Graham Regeneration Center Inc

Analysis

Louise Graham Regeneration Center Inc is a registered charity in United States, based in St Petersburg, FL. It received its IRS tax-exemption ruling in November 1974, 52 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 September 2023, Louise Graham Regeneration Center Inc reported income of $1.2m and spending of $1.3m, spending 109% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $1.3m to $1.2m (-12%), an average of -3.0% a year. The sharpest change came in the year to September 2020, when income dropped by 21%. Over the whole period it spent 114% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Louise Graham Regeneration Center Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 83rd percentile within FL. Charities of a similar size with the same main cause include Society of Vertebrate Paleontology ($1.1m), Maryvale Inc ($1.2m) and Landmarks Foundation of Montgomery ($1.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 1.9% and program service revenue 98% of the total. Other salaries and wages came to $697k. At year end it held assets of $675k against liabilities of $2.4m, net assets of -$1.7m. It reported 71 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.