Community Tampa Bay Inc

Analysis

Community Tampa Bay Inc is a registered charity in United States, based in St Petersburg, FL. It received its IRS tax-exemption ruling in September 2005, 21 years ago. 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 August 2023, Community Tampa Bay Inc reported income of $349k and spending of $449k, spending 129% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $475k to $349k (-26%), an average of -7.4% a year. The sharpest change came in the year to August 2023, when income dropped by 27%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Community Tampa Bay Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 67th percentile within FL. Charities of a similar size with the same main cause include Little League Baseball Inc ($349k), The American Foundation for the Iyari School ($349k) and West High Alumni Association ($349k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 101% and program service revenue 1.8% of the total. Compensation of current officers, directors and key employees was $94k (21% of expenses). Other salaries and wages came to $132k. At year end it held assets of $556k against liabilities of $42k, net assets of $514k. It reported 5 employees.