Friends of Lovers Key Inc

Analysis

Friends of Lovers Key Inc is a registered charity in United States, based in Bonita Springs, 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, Friends of Lovers Key Inc reported income of $286k and spending of $151k, leaving 47% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $433k to $286k (-34%), an average of -9.8% a year. The sharpest change came in the year to December 2021, when income rose by 60%. Over the whole period it spent 38% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Friends of Lovers Key Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 64th percentile within FL. Charities of a similar size with the same main cause include Plant It Again ($286k), Connecticut River Coastal Conservation District Inc ($286k) and North American Hazardous Materials Management Association ($286k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 2.9% of the total. At year end it held assets of $1.5m against liabilities of $75k, net assets of $1.4m.