Friends of Sebastian Inlet State Park Inc

Analysis

Friends of Sebastian Inlet State Park Inc is a registered charity in United States, based in Vero Beach, FL. It received its IRS tax-exemption ruling in May 1993, 33 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Friends of Sebastian Inlet State Park Inc reported income of $69k and spending of $68k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $58k to $69k (+20%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 105% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Friends of Sebastian Inlet State Park Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 31st percentile within FL. Charities of a similar size with the same main cause include Portage Food Pantry Inc ($69k), Love Inc of Van Wert County ($69k) and World Ark Mission Inc ($69k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 25% of the total. At year end it held assets of $108k against liabilities of $353, net assets of $108k.