Indian Rocks Beach Action 2000 Inc

Analysis

Indian Rocks Beach Action 2000 Inc is a registered charity in United States, based in Indian RK BCH, FL. It received its IRS tax-exemption ruling in November 2000, 26 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Indian Rocks Beach Action 2000 Inc reported income of $62k and spending of $37k, leaving 40% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $70k to $62k (-11%), an average of -11% a year. Over the whole period it spent 61% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Indian Rocks Beach Action 2000 Inc sits at the 25th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 28th percentile within FL. Charities of a similar size with the same main cause include Metro Educational Concepts Incorporated ($62k), Atlantic Firemans Education Association ($62k) and E1t1 Inc ($62k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.3% of the total. At year end it held assets of $164k against liabilities of $0, net assets of $164k.