Marthas Vineyard Shellfish Group Inc

Analysis

Marthas Vineyard Shellfish Group Inc is a registered charity in United States, based in Oak Bluffs, MA. It received its IRS tax-exemption ruling in August 1977, 49 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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 June 2023, Marthas Vineyard Shellfish Group Inc reported income of $485k and spending of $482k, spending 99% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $431k to $485k (+12%), an average of +4.0% a year. Over the whole period it spent 92% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Marthas Vineyard Shellfish Group Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within MA. Charities of a similar size with the same main cause include Hawks Aloft Inc ($485k), Association of Reptilion and Amphibian Veterinarians ($485k) and Raptor View Research Institute ($484k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 45% and program service revenue 47% of the total. Compensation of current officers, directors and key employees was $93k (19% of expenses). Other salaries and wages came to $223k. At year end it held assets of $982k against liabilities of $39k, net assets of $943k. It reported 16 employees.