Global Coral Reef Alliance Inc

Analysis

Global Coral Reef Alliance Inc is a registered charity in United States, based in Cambridge, MA. It received its IRS tax-exemption ruling in August 1992, 34 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, Global Coral Reef Alliance Inc reported income of $51k and spending of $127k, spending 250% of what it took in. Across the 5 years on record, from December 2018 to December 2023, income fell from $356k to $51k (-86%), an average of -38% a year. The sharpest change came in the year to December 2022, when income rose by 133%. Over the whole period it spent 89% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Global Coral Reef Alliance Inc sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 29th percentile within MA. Charities of a similar size with the same main cause include Lyon Arboretum Association ($51k), Save Our Land Save Our Towns Enterprises Inc ($51k) and Onegreenthing ($51k).

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 $74k against liabilities of $0, net assets of $74k.