Hobe Sound Nature Center Inc

Analysis

Hobe Sound Nature Center Inc is a registered charity in United States, based in Hobe Sound, FL. It received its IRS tax-exemption ruling in June 1981, 45 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 December 2023, Hobe Sound Nature Center Inc reported income of $455k and spending of $466k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $496k to $455k (-8.2%), an average of -2.1% a year. The sharpest change came in the year to December 2020, when income dropped by 26%. Over the whole period it spent 96% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Hobe Sound Nature Center Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 71st percentile within FL. Charities of a similar size with the same main cause include Efficiency for All Inc ($454k), St Bartholomews Conservancy Inc ($455k) and Weekapaug Foundation for Conservation ($454k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 8.0% of the total. Other salaries and wages came to $250k. At year end it held assets of $234k against liabilities of $245, net assets of $234k. It reported 9 employees.