Emerald Coast United Inc

Analysis

Emerald Coast United Inc is a registered charity in United States, based in Niceville, FL. It received its IRS tax-exemption ruling in February 2002, 24 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 August 2023, Emerald Coast United Inc reported income of $546k and spending of $572k, spending 105% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $388k to $546k (+41%), an average of +8.9% a year. The sharpest change came in the year to August 2021, when income rose by 53%. Over the whole period it spent 101% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Emerald Coast United Inc sits at the 87th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 74th percentile within FL. Charities of a similar size with the same main cause include Wisdom Hunters Resources Inc ($545k), Southern Collegiate Athletic Conference Inc ($546k) and Wayland-Weston Rowing Association Inc ($545k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 53% and program service revenue 47% of the total. At year end it held assets of $135k against liabilities of $2,443, net assets of $132k.