Pigeon Key Foundation

Analysis

Pigeon Key Foundation is a registered charity in United States, based in Marathon, FL. It received its IRS tax-exemption ruling in April 1993, 33 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 June 2024, Pigeon Key Foundation reported income of $1.2m and spending of $1.3m, spending 103% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $776k to $1.2m (+59%), an average of +9.7% a year. The sharpest change came in the year to June 2022, when income rose by 728%. Over the whole period it spent 104% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Pigeon Key Foundation 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 81st percentile, and in the 83rd percentile within FL. Charities of a similar size with the same main cause include Niches Land Trust Inc ($1.2m), Bedrock Gardens ($1.2m) and Alaska Discovery Foundation Inc ($1.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 2.0% and program service revenue 89% of the total. Other salaries and wages came to $547k. At year end it held assets of $2.6m against liabilities of $700k, net assets of $1.9m. It reported 27 employees.