National Estuarine Research Reserve Association Inc

Analysis

National Estuarine Research Reserve Association Inc is a registered charity in United States, based in Wells, ME. It received its IRS tax-exemption ruling in August 1990, 36 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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 July 2023, National Estuarine Research Reserve Association Inc reported income of $767k and spending of $781k, spending 102% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $660k to $767k (+16%), an average of +3.8% a year. The sharpest change came in the year to July 2022, when income rose by 34%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, National Estuarine Research Reserve Association Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 72nd percentile within ME. Charities of a similar size with the same main cause include Art Share Los Angeles Inc ($766k), The Jack & Shirley Lubeznik Center for the Arts Inc ($767k) and Assembly House 150 Inc ($766k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $114k (15% of expenses). Other salaries and wages came to $119k. At year end it held assets of $778k against liabilities of $503k, net assets of $275k. It reported 4 employees.