Buzzards Bay Coalition Inc

Analysis

Buzzards Bay Coalition Inc is a registered charity in United States, based in New Bedford, MA. It received its IRS tax-exemption ruling in February 1988, 38 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 September 2023, Buzzards Bay Coalition Inc reported income of $13.2m and spending of $9.1m, leaving 31% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $8.6m to $13.2m (+54%), an average of +11% a year. The sharpest change came in the year to September 2023, when income rose by 67%. Over the whole period it spent 64% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Buzzards Bay Coalition Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within MA. Charities of a similar size with the same main cause include Shelterwood Collective ($13.2m), Omaha Botanical Center Inc ($13.3m) and Sustainable Forestry Initiative Inc ($13.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $307k (3.4% of expenses). Other salaries and wages came to $2.5m. At year end it held assets of $44.0m against liabilities of $4.1m, net assets of $39.9m. It reported 63 employees.