Port of Miami Crane Management Inc

Analysis

Port of Miami Crane Management Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in November 2001, 25 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Port of Miami Crane Management Inc reported income of $17.6m and spending of $17.3m, spending 99% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $15.3m to $17.6m (+15%), an average of +3.6% a year. The sharpest change came in the year to September 2023, when income rose by 19%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Port of Miami Crane Management Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within FL. Charities of a similar size with the same main cause include Key Point Health Services Inc ($17.6m), Chandler School ($17.6m) and St George Village-Catholic Community Retirement Center ($17.6m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $742k (4.3% of expenses). Other salaries and wages came to $5.7m. At year end it held assets of $8.5m against liabilities of $3.3m, net assets of $5.2m. It reported 65 employees.