Tampa Bay Fossil Club Inc

Analysis

Tampa Bay Fossil Club Inc is a registered charity in United States, based in Tarpon SPGS, FL. It received its IRS tax-exemption ruling in July 1992, 34 years ago. Its declared purposes cover science and technology, 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, Tampa Bay Fossil Club Inc reported income of $51k and spending of $40k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $42k to $51k (+23%), an average of +23% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 71% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Tampa Bay Fossil Club Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 23rd percentile within FL. Charities of a similar size with the same main cause include Lake Havasu City Historical Society ($51k), York Junior Symphony Orchestra Inc ($51k) and Tuscarora High School Instrumental Music Boosters Inc ($51k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.5% of the total. At year end it held assets of $58k against liabilities of $0, net assets of $58k.