Friends of Emerald Coast State Parks Inc

Analysis

Friends of Emerald Coast State Parks Inc is a registered charity in United States, based in Destin, FL. It received its IRS tax-exemption ruling in May 2000, 26 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Friends of Emerald Coast State Parks Inc reported income of $408k and spending of $453k, spending 111% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $246k to $408k (+66%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 107%. Over the whole period it spent 107% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Friends of Emerald Coast State Parks Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 70th percentile within FL. Charities of a similar size with the same main cause include Jamestowne Society Inc ($408k), Educational Technology Collaborative ($408k) and Keokuk Union Depot Foundation ($408k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 18% and program service revenue 43% of the total. Other salaries and wages came to $257k. At year end it held assets of $327k against liabilities of $131k, net assets of $196k. It reported 18 employees.