Sarasota Tiger Bay Club Inc

Analysis

Sarasota Tiger Bay Club Inc is a registered charity in United States, based in Sarasota, FL. It received its IRS tax-exemption ruling in September 2012, 14 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 December 2023, Sarasota Tiger Bay Club Inc reported income of $159k and spending of $175k, spending 110% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income grew from $124k to $159k (+28%), an average of +13% a year. The sharpest change came in the year to December 2022, when income rose by 43%. Over the whole period it spent 108% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sarasota Tiger Bay Club Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 52nd percentile within FL. Charities of a similar size with the same main cause include Hibernian Society of Charleston Foundation Inc ($159k), Northwest Dance Theater ($159k) and Rising Sun Wellness Center Inc ($159k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 67% of the total. At year end it held assets of $56k against liabilities of $0, net assets of $56k.