Ocean Reef Conservation Association Inc

Analysis

Ocean Reef Conservation Association Inc is a registered charity in United States, based in Key Largo, FL. It received its IRS tax-exemption ruling in June 2009, 17 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, Ocean Reef Conservation Association Inc reported income of $452k and spending of $513k, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $176k to $452k (+156%), an average of +26% a year. The sharpest change came in the year to December 2020, when income rose by 165%. Over the whole period it spent 110% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Ocean Reef Conservation Association Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 71st percentile within FL. Charities of a similar size with the same main cause include Arkansas Advanced Energy Foundation Inc ($452k), Seabrook Island Green Space Conservancy ($452k) and Virginia United Land Trusts ($451k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $1.7m against liabilities of $28k, net assets of $1.7m.