Healthy Aquatics Marine Institute of Florida Inc

Analysis

Healthy Aquatics Marine Institute of Florida Inc is a registered charity in United States, based in West Palm BCH, FL. It received its IRS tax-exemption ruling in October 2016, 10 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Healthy Aquatics Marine Institute of Florida Inc reported income of $1.1m and spending of $690k, leaving 35% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $269k to $1.1m (+294%), an average of +41% a year. The sharpest change came in the year to December 2023, when income rose by 124%. Over the whole period it spent 86% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Healthy Aquatics Marine Institute of Florida Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 82nd percentile within FL. Charities of a similar size with the same main cause include Lake Sunapee Protective Association ($1.1m), Montana Association of Conservation Districts ($1.1m) and Seven Generations Ahead ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 4.2% of the total. Other salaries and wages came to $196k. At year end it held assets of $491k against liabilities of $42k, net assets of $449k. It reported 7 employees.