Homosassa River Restoration Project Inc

Analysis

Homosassa River Restoration Project Inc is a registered charity in United States, based in Homosassa, FL. It received its IRS tax-exemption ruling in March 2017, 9 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 2022, Homosassa River Restoration Project Inc reported income of $4.0m and spending of $3.9m, spending 99% of its income. Across the 3 years on record, from December 2020 to December 2022, income grew from $775k to $4.0m (+415%), an average of +127% a year. The sharpest change came in the year to December 2021, when income rose by 442%. Over the whole period it spent 100% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Homosassa River Restoration Project Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within FL. Charities of a similar size with the same main cause include Audubon Society of New Hampshire ($4.0m), Stonecrop Gardens Inc ($4.0m) and High Country News ($4.0m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 99% of the total. At year end it held assets of $323k against liabilities of $272k, net assets of $51k.