Charlotte Harbor Environmental Center Inc

Analysis

Charlotte Harbor Environmental Center Inc is a registered charity in United States, based in Punta Gorda, FL. It received its IRS tax-exemption ruling in June 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 June 2023, Charlotte Harbor Environmental Center Inc reported income of $446k and spending of $489k, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $368k to $446k (+21%), an average of +4.9% a year. The sharpest change came in the year to June 2023, when income rose by 50%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Charlotte Harbor Environmental Center Inc sits at the 67th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 71st percentile within FL. Charities of a similar size with the same main cause include Paul G Duke Foundation Inc ($446k), Springfield Catholic Central School Foundation ($446k) and Kimberly-Shirk Assoc ($446k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 77% and program service revenue 10% of the total. Other salaries and wages came to $173k. At year end it held assets of $917k against liabilities of $14k, net assets of $903k.