St Andrew Bay Resource Management Association

Analysis

St Andrew Bay Resource Management Association is a registered charity in United States, based in Panama City, FL. It received its IRS tax-exemption ruling in October 1988, 38 years ago. 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, St Andrew Bay Resource Management Association reported income of $197k and spending of $202k, spending 102% of its income. Across the 4 years on record, from December 2019 to December 2023, income fell from $212k to $197k (-7.2%), an average of -2.5% a year. The sharpest change came in the year to December 2021, when income rose by 44%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Andrew Bay Resource Management Association sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 57th percentile within FL. Charities of a similar size with the same main cause include Dubois Senior and Community Center ($197k), Saco Main Street Inc ($197k) and Interfaith Friends ($197k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $146k against liabilities of $2,338, net assets of $143k.