Island Dolphin Care Inc

Analysis

Island Dolphin Care Inc is a registered charity in United States, based in Key Largo, FL. It received its IRS tax-exemption ruling in September 1997, 29 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Island Dolphin Care Inc reported income of $1.0m and spending of $1.2m, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.5m to $1.0m (-32%), an average of -9.1% a year. The sharpest change came in the year to December 2023, when income rose by 78%. Over the whole period it spent 142% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Island Dolphin Care Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 82nd percentile within FL. Charities of a similar size with the same main cause include Pregnancy Care Center Inc ($1.0m), Norman Regional Health System Auxiliary ($1.0m) and North Carolina Baptist Hospital Foundation ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% and program service revenue 28% of the total. Compensation of current officers, directors and key employees was $130k (11% of expenses). Other salaries and wages came to $327k. At year end it held assets of $1.6m against liabilities of $238k, net assets of $1.4m. It reported 14 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.