Citizens of Gulf County Recovery Team

Analysis

Citizens of Gulf County Recovery Team is a registered charity in United States, based in Port St Joe, FL. It received its IRS tax-exemption ruling in October 2019, 7 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 (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 2023, Citizens of Gulf County Recovery Team reported income of $121k and spending of $175k, spending 146% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $378k to $121k (-68%), an average of -32% a year. The sharpest change came in the year to December 2022, when income dropped by 54%. Over the whole period it spent 94% 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, Citizens of Gulf County Recovery Team sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 45th percentile within FL. Charities of a similar size with the same main cause include Matamoras Fire Department Inc ($120k), Crystal Beach Fire & Rescue ($121k) and Spring Creek Volunteer Fire Department Inc ($120k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $54k against liabilities of $0, net assets of $54k.