Ocean River Institute Inc

Analysis

Ocean River Institute Inc is a registered charity in United States, based in Cambridge, MA. It received its IRS tax-exemption ruling in May 2007, 19 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 January 2024, Ocean River Institute Inc reported income of $122k and spending of $131k, spending 107% of what it took in. Across the 2 years on record, from January 2023 to January 2024, income fell from $163k to $122k (-25%), an average of -25% a year. The sharpest change came in the year to January 2024, when income dropped by 25%. Over the whole period it spent 98% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Ocean River Institute Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 48th percentile within MA. Charities of a similar size with the same main cause include Massachusetts Oyster Project for Clean Water Incorporated ($122k), Eagle Summit Wilderness Alliance ($122k) and Och Conservation Foundation ($122k).

On its Form 990-EZ for the period ending January 2024, revenue came from contributions and grants 93% of the total. At year end it held assets of $29k against liabilities of $5,843, net assets of $23k.