Palma Sola Botanical Park Foundation Inc

Analysis

Palma Sola Botanical Park Foundation Inc is a registered charity in United States, based in Bradenton, FL. It received its IRS tax-exemption ruling in July 1998, 28 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, Palma Sola Botanical Park Foundation Inc reported income of $145k and spending of $175k, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $106k to $145k (+37%), an average of +8.1% a year. The sharpest change came in the year to December 2021, when income rose by 38%. 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, Palma Sola Botanical Park Foundation Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 50th percentile within FL. Charities of a similar size with the same main cause include Transformation Arts ($145k), Kupa Friends of Ho Okena Beach Park ($145k) and Blanchard River Watershed Partnership ($145k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 44% of the total. Other salaries and wages came to $79k. At year end it held assets of $121k against liabilities of $4,545, net assets of $117k. It reported 3 employees.