Pier Aquarium Inc

Analysis

Pier Aquarium Inc is a registered charity in United States, based in St Petersburg, FL. It received its IRS tax-exemption ruling in December 1988, 38 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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 September 2023, Pier Aquarium Inc reported income of $204k and spending of $209k, spending 102% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $283k to $204k (-28%), an average of -7.8% a year. The sharpest change came in the year to September 2020, when income dropped by 31%. Over the whole period it spent 104% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Pier Aquarium Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 58th percentile within FL. Charities of a similar size with the same main cause include Kingdom Animal Shelter Inc ($204k), St Marys Animal Welfare League Inc ($205k) and Friends of the Elephant Seal ($204k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 101% of the total. Other salaries and wages came to $139k. At year end it held assets of $173k against liabilities of $1,370, net assets of $171k. It reported 7 employees.