North American Marine Alliance Inc

Analysis

North American Marine Alliance Inc is a registered charity in United States, based in Gloucester, MA. It received its IRS tax-exemption ruling in June 1998, 28 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, North American Marine Alliance Inc reported income of $1.1m and spending of $984k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $641k to $1.1m (+73%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 59%. Over the whole period it spent 91% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, North American Marine Alliance Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within MA. Charities of a similar size with the same main cause include Sagebrush Habitat Conservation Fund Inc ($1.1m), Conservation Federation of Missouri ($1.1m) and Seed Saint Louis ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $634k against liabilities of $236k, net assets of $398k. It reported 8 employees.