Marine Life Studies

Analysis

Marine Life Studies is a registered charity in United States, based in Moss Landing, CA. It received its IRS tax-exemption ruling in July 2009, 17 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 December 2023, Marine Life Studies reported income of $246k and spending of $241k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $214k to $246k (+15%), an average of +3.6% a year. The sharpest change came in the year to December 2020, when income rose by 24%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Marine Life Studies sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 60th percentile within CA. Charities of a similar size with the same main cause include Terminal Radio Inc ($246k), Wasatch Sunshine Terrace Supportfoundation ($246k) and Kingman Public Library ($246k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% of the total. Other salaries and wages came to $65k. At year end it held assets of $591k against liabilities of $38k, net assets of $553k. It reported 4 employees.