Bromeliad Society Inc

Analysis

Bromeliad Society Inc is a registered charity in United States, based in Boynton Beach, FL. It received its IRS tax-exemption ruling in March 2012, 14 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Bromeliad Society Inc reported income of $58k and spending of $40k, leaving 31% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $147k to $58k (-60%), an average of -60% a year. The sharpest change came in the year to December 2023, when income dropped by 60%. Over the whole period it spent 102% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Bromeliad Society Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 26th percentile within FL. Charities of a similar size with the same main cause include Oss Project Inc ($58k), Friends of Merrymeeting Bay ($58k) and Great Chesapeake Schooner Race Inc ($58k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 22% of the total. At year end it held assets of $373k against liabilities of $0, net assets of $373k.