Venice Area Beautification Inc

Analysis

Venice Area Beautification Inc is a registered charity in United States, based in Venice, FL. It received its IRS tax-exemption ruling in November 1991, 35 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 September 2023, Venice Area Beautification Inc reported income of $281k and spending of $340k, spending 121% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $315k to $281k (-11%), an average of -2.8% a year. The sharpest change came in the year to September 2020, when income dropped by 24%. Over the whole period it spent 97% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Venice Area Beautification Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within FL. Charities of a similar size with the same main cause include Hawaii Audubon Society ($281k), Local Enviromental Action Demanded Agency Inc ($281k) and Rostraver Township Volunteer Fire Department 1 ($281k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 94% of the total. Other salaries and wages came to $20k. At year end it held assets of $328k against liabilities of $1,209, net assets of $327k. It reported 2 employees.