Marine Industries Association of Collier County Foundation Inc

Analysis

Marine Industries Association of Collier County Foundation Inc is a registered charity in United States, based in Naples, FL. It received its IRS tax-exemption ruling in December 1997, 29 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Marine Industries Association of Collier County Foundation Inc reported income of $81k and spending of $22k, leaving 73% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income fell from $464k to $81k (-83%), an average of -44% a year. The sharpest change came in the year to December 2021, when income dropped by 72%. Over the whole period it spent 20% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Marine Industries Association of Collier County Foundation Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 35th percentile within FL. Charities of a similar size with the same main cause include Prepare Kids for Life ($81k), Power of 100 Foundation - Canadian County Ok LLC ($81k) and Vermont Medical Society Education and Research Foundation ($81k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $637k against liabilities of $0, net assets of $637k.