Laguna Greenbelt Inc

Analysis

Laguna Greenbelt Inc is a registered charity in United States, based in Laguna Beach, CA. It received its IRS tax-exemption ruling in November 1970, 56 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Laguna Greenbelt Inc reported income of $130k and spending of $157k, spending 121% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $454k to $130k (-71%), an average of -22% a year. The sharpest change came in the year to December 2023, when income rose by 81%. Over the whole period it spent 63% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Laguna Greenbelt Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 46th percentile within CA. Charities of a similar size with the same main cause include Think Beyond Plastic Foundation ($130k), Friends of the Lower Olentangy Watershed Flow ($130k) and Reef Guardians Hawaii ($129k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% of the total. At year end it held assets of $687k against liabilities of $93k, net assets of $593k.