Florida Water Resources Journal Inc

Analysis

Florida Water Resources Journal Inc is a registered charity in United States, based in Palm BCH GDNS, FL. It received its IRS tax-exemption ruling in September 1990, 36 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Florida Water Resources Journal Inc reported income of $412k and spending of $437k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $378k to $412k (+9.2%), an average of +2.2% a year. The sharpest change came in the year to December 2022, when income rose by 22%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Florida Water Resources Journal Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 70th percentile within FL. Charities of a similar size with the same main cause include Community Theatre of Terre Haute Inc ($412k), Handicraft Club Inc ($412k) and Turning Point Center for Families ($412k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.7% and program service revenue 96% of the total. At year end it held assets of $119k against liabilities of $0, net assets of $119k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.