Friends of Homosassa Springs Wildlife Park Inc

Analysis

Friends of Homosassa Springs Wildlife Park Inc is a registered charity in United States, based in Homosassa, FL. It received its IRS tax-exemption ruling in November 1991, 35 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Friends of Homosassa Springs Wildlife Park Inc reported income of $212k and spending of $156k, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $319k to $212k (-33%), an average of -9.7% a year. The sharpest change came in the year to December 2022, when income rose by 415%. Over the whole period it spent 107% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Friends of Homosassa Springs Wildlife Park Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 59th percentile within FL. Charities of a similar size with the same main cause include Ifpw Foundation ($212k), Pace Foundation ($213k) and Fort Jennings Park Boosters ($212k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% of the total. At year end it held assets of $906k against liabilities of $10k, net assets of $896k.