Lemon Bay Garden Club Inc

Analysis

Lemon Bay Garden Club Inc is a registered charity in United States, based in Englewood, FL. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 May 2024, Lemon Bay Garden Club Inc reported income of $66k and spending of $69k, spending 104% of its income. Across the 2 years on record, from May 2023 to May 2024, income grew from $48k to $66k (+39%), an average of +38% a year. The sharpest change came in the year to May 2024, when income rose by 39%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lemon Bay Garden Club Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 29th percentile within FL. Charities of a similar size with the same main cause include Steele Memorial Benefit Association ($66k), Minnesota Rehabilitation Association ($66k) and Community College Humanities Association ($66k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 7.2% and program service revenue 49% of the total. At year end it held assets of $154k against liabilities of $14k, net assets of $140k.