Ocean Research & Conservation Association Inc

Analysis

Ocean Research & Conservation Association Inc is a registered charity in United States, based in Vero Beach, FL. It received its IRS tax-exemption ruling in May 2006, 20 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 June 2024, Ocean Research & Conservation Association Inc reported income of $2.7m and spending of $2.3m, spending 86% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.3m to $2.7m (+106%), an average of +16% a year. The sharpest change came in the year to June 2020, when income rose by 42%. Over the whole period it spent 78% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Ocean Research & Conservation Association Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 90th percentile within FL. Charities of a similar size with the same main cause include Green Umbrella ($2.7m), California Stormwater Quality Association ($2.7m) and Co2 Coalition Inc ($2.7m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 98% of the total. At year end it held assets of $4.2m against liabilities of $949k, net assets of $3.3m. It reported 20 employees.