Municipal Board of Examiners Inc of Polk County

Analysis

Municipal Board of Examiners Inc of Polk County is a registered charity in United States, based in Winter Haven, FL. It received its IRS tax-exemption ruling in September 1996, 30 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 September 2024, Municipal Board of Examiners Inc of Polk County reported income of $65k and spending of $73k, spending 112% of what it took in. Across the 2 years on record, from September 2023 to September 2024, income fell from $98k to $65k (-33%), an average of -33% a year. The sharpest change came in the year to September 2024, when income dropped by 33%. Over the whole period it spent 76% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Municipal Board of Examiners Inc of Polk County sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 29th percentile within FL. Charities of a similar size with the same main cause include Fulton Neighborhood Association C/O Jerry Smrekar ($65k), Pearls of Service Inc ($65k) and Networking Plus Inc ($65k).

On its Form 990-EZ for the period ending September 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $176k against liabilities of $0, net assets of $176k.