Ocean Beach Community Fund Inc

Analysis

Ocean Beach Community Fund Inc is a registered charity in United States, based in Ocean Beach, NY. It received its IRS tax-exemption ruling in February 1980, 46 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, Ocean Beach Community Fund Inc reported income of $78k and spending of $83k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $74k to $78k (+5.3%), an average of +5.3% a year. Over the whole period it spent 96% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Ocean Beach Community Fund Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 31st percentile within NY. Charities of a similar size with the same main cause include Uncompahgre Watershed Partnership a Colorado Nonprofit Corporation ($78k), Massachusetts Land Conservation Trust Inc ($78k) and Klamath Forest Alliance ($78k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $367k against liabilities of $250, net assets of $366k.