Center of Anna Maria Island

Analysis

Center of Anna Maria Island is a registered charity in United States, based in Anna Maria, FL. It received its IRS tax-exemption ruling in June 1964, 62 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Center of Anna Maria Island reported income of $1.5m and spending of $1.7m, spending 117% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.0m to $1.5m (+39%), an average of +8.6% a year. The sharpest change came in the year to June 2020, when income rose by 26%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Center of Anna Maria Island sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 85th percentile within FL. Charities of a similar size with the same main cause include National Florence Crittenton Mission ($1.5m), Youth Service Bureau Inc ($1.5m) and National Council of Jewish Women Mi Chigan Inc ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 32% and program service revenue 54% of the total. Other salaries and wages came to $586k. At year end it held assets of $4.4m against liabilities of $390k, net assets of $4.0m. It reported 35 employees.