Sunsets at Pier 60 Society Inc

Analysis

Sunsets at Pier 60 Society Inc is a registered charity in United States, based in Clearwater, FL. It received its IRS tax-exemption ruling in June 2018, 8 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending January 2024, Sunsets at Pier 60 Society Inc reported income of $178k and spending of $326k, spending 184% of what it took in. Across the 5 years on record, from January 2020 to January 2024, income fell from $329k to $178k (-46%), an average of -14% a year. The sharpest change came in the year to January 2022, when income rose by 802%. Over the whole period it spent 76% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Sunsets at Pier 60 Society Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 55th percentile within FL. Charities of a similar size with the same main cause include Fundacion Jalisco USA Inc ($178k), Youth Orchestra Chinese Youth Corps of New York Inc ($178k) and Green Level High School Fine Arts Boosters ($178k).

On its Form 990 for the period ending January 2024, revenue came from program service revenue 92% of the total. Other salaries and wages came to $97k. At year end it held assets of $860k against liabilities of $0, net assets of $860k. It reported 3 employees.