Panama City Beach Turtle Watch Inc

Analysis

Panama City Beach Turtle Watch Inc is a registered charity in United States, based in P C Beach, FL. It received its IRS tax-exemption ruling in July 2020, 6 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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, Panama City Beach Turtle Watch Inc reported income of $209k and spending of $167k, spending 80% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $208k to $209k (+0.1%), an average of +0.1% a year. Over the whole period it spent 83% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Panama City Beach Turtle Watch 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 55th percentile, and in the 58th percentile within FL. Charities of a similar size with the same main cause include Vicksburg-Warren Humane Society ($208k), Dekalb Coalition for Humane Treatment of Animals Inc ($209k) and Ohio Fuzzy Pawz Shih Tzu Rescue ($208k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.8% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $27k (16% of expenses). At year end it held assets of $296k against liabilities of $20, net assets of $296k. It reported 9 employees.