Friends of Rookery Bay

Analysis

Friends of Rookery Bay is a registered charity in United States, based in Naples, FL. It received its IRS tax-exemption ruling in August 1990, 36 years ago. 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, Friends of Rookery Bay reported income of $794k and spending of $647k, spending 81% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $760k to $794k (+4.5%), an average of +1.1% a year. The sharpest change came in the year to June 2020, when income dropped by 36%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Friends of Rookery Bay sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 79th percentile within FL. Charities of a similar size with the same main cause include King William Association ($794k), Max Higbee Community Recreation Center ($794k) and Day Care Inc ($794k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 46% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $213k (33% of expenses). At year end it held assets of $958k against liabilities of $58k, net assets of $900k. It reported 5 employees.