Conch Republic Marine Army Inc

Analysis

Conch Republic Marine Army Inc is a registered charity in United States, based in Big Pine Key, FL. It received its IRS tax-exemption ruling in May 2018, 8 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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, Conch Republic Marine Army Inc reported income of $203k and spending of $195k, spending 96% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $301k to $203k (-33%), an average of -18% a year. The sharpest change came in the year to December 2022, when income dropped by 34%. Over the whole period it spent 87% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Conch Republic Marine Army Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 58th percentile within FL. Charities of a similar size with the same main cause include Bloomsbury Hose Company No 1 ($203k), Crewe Volunteer Fire Department No 1 ($203k) and North Tazewell Volunteer Fire Department Inc ($203k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $60k (31% of expenses). At year end it held assets of $211k against liabilities of $48k, net assets of $164k. It reported 1 employees.