Friends of Myakka River Inc

Analysis

Friends of Myakka River Inc is a registered charity in United States, based in Sarasota, FL. It received its IRS tax-exemption ruling in March 1994, 32 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 December 2023, Friends of Myakka River Inc reported income of $207k and spending of $125k, leaving 40% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $90k to $207k (+131%), an average of +23% a year. The sharpest change came in the year to December 2022, when income rose by 132%. Over the whole period it spent 50% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Friends of Myakka River Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 58th percentile within FL. Charities of a similar size with the same main cause include Cayuga Lake Watershed Network ($207k), Upper Savannah Land Trust ($207k) and Waukesha County Land Conservancy Inc ($207k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 0.1% of the total. At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m.