Atlantic Beach Country Club Turtle Foundation Inc

Analysis

Atlantic Beach Country Club Turtle Foundation Inc is a registered charity in United States, based in Atlantic BCH, FL. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Atlantic Beach Country Club Turtle Foundation Inc reported income of $83k and spending of $30k, leaving 64% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $169k to $83k (-51%), an average of -51% a year. The sharpest change came in the year to December 2023, when income dropped by 51%. Over the whole period it spent 21% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Atlantic Beach Country Club Turtle Foundation Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 35th percentile within FL. Charities of a similar size with the same main cause include Parent Booster USA Inc ($83k), Passaic Valley Regional High School Education Foundation Inc ($83k) and Play for Kate Inc ($83k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 34% of the total. At year end it held assets of $205k against liabilities of $100, net assets of $205k.