Gulf County Association for Retarded Citizens Inc
Analysis
Gulf County Association for Retarded Citizens Inc is a registered charity in United States, based in Port St Joe, FL. It received its IRS tax-exemption ruling in September 1979, 47 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2023, Gulf County Association for Retarded Citizens Inc reported income of $1.9m and spending of $1.9m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.3m to $1.9m (+48%), an average of +10% a year. The sharpest change came in the year to June 2021, when income rose by 41%. Over the whole period it spent 106% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Gulf County Association for Retarded Citizens Inc sits at the 83rd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within FL. Charities of a similar size with the same main cause include Kids in Distress Foundation Incorporated ($1.9m), Feed Our Veterans ($1.9m) and Neighbor for Neighbor Inc ($1.9m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 53% and program service revenue 45% of the total. Other salaries and wages came to $1.0m. At year end it held assets of $2.6m against liabilities of $469k, net assets of $2.1m. It reported 57 employees.
Income and spending
Where the income comes from
- Contributions & grants 53%
- Program services 45%
- Other 1.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Kids in Distress Foundation Incorporated | Wilton Manors | $1.9m |
| Feed Our Veterans | Ny Mills | $1.9m |
| Neighbor for Neighbor Inc | Tulsa | $1.9m |
| Seraphic Fire Inc | Miami | $1.9m |