Navy League of the United States Palm Beach Council Inc

Analysis

Navy League of the United States Palm Beach Council Inc is a registered charity in United States, based in Jupiter, FL. It received its IRS tax-exemption ruling in December 1989, 37 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Navy League of the United States Palm Beach Council Inc reported income of $70k and spending of $68k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $93k to $70k (-25%), an average of -25% a year. The sharpest change came in the year to December 2023, when income dropped by 25%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Navy League of the United States Palm Beach Council Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 31st percentile within FL. Charities of a similar size with the same main cause include St Andrews Convelescent Hospital ($70k), Camerata New England Inc ($70k) and Wedge Entomological Research Foundation ($70k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 38% of the total. At year end it held assets of $159k against liabilities of $0, net assets of $159k.