Nassau County Economic Development Board Inc

Analysis

Nassau County Economic Development Board Inc is a registered charity in United States, based in Yulee, FL. It received its IRS tax-exemption ruling in June 1997, 29 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. 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 September 2022, Nassau County Economic Development Board Inc reported income of $297k and spending of $287k, spending 96% of its income. Across the 4 years on record, from September 2019 to September 2022, income fell from $330k to $297k (-10%), an average of -3.5% a year. Over the whole period it spent 92% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Nassau County Economic Development Board Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within FL. Charities of a similar size with the same main cause include Pride in the Pews NFP Inc ($297k), Northwest Rocky Mountain Casa Inc ($297k) and Santa Barbara Police Foundation ($296k).

On its Form 990 for the period ending September 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $75k (26% of expenses). Other salaries and wages came to $78k. At year end it held assets of $312k against liabilities of $2,688, net assets of $309k. It reported 7 employees.