Port Royal Sound Foundation

Analysis

Port Royal Sound Foundation is a registered charity in United States, based in Okatie, SC. It received its IRS tax-exemption ruling in July 2008, 18 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, Port Royal Sound Foundation reported income of $2.5m and spending of $1.2m, leaving 54% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $2.5m (+87%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 38%. Over the whole period it spent 54% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Port Royal Sound Foundation sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 90th percentile within SC. Charities of a similar size with the same main cause include Wildland Firefighter Foundation ($2.5m), Air Alliance Houston ($2.5m) and Whitefish Legacy Partners Inc ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 7.5% of the total. Other salaries and wages came to $563k. At year end it held assets of $8.2m against liabilities of $34k, net assets of $8.2m. It reported 15 employees.