Gulf of Mexico Alliance
Analysis
Gulf of Mexico Alliance is a registered charity in United States, based in Ocean Springs, MS. It received its IRS tax-exemption ruling in August 2011, 15 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, Gulf of Mexico Alliance reported income of $2.4m and spending of $2.9m, spending 124% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $22.3m to $2.4m (-89%), an average of -43% a year. The sharpest change came in the year to December 2020, when income dropped by 89%. Over the whole period it spent 126% of the income it received.
Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Gulf of Mexico Alliance sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 89th percentile within MS. Charities of a similar size with the same main cause include Southern Nevada Conservancy ($2.4m), Berkshire Garden Center Inc ($2.4m) and Environmental Protection Network ($2.4m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 22% of the total. Compensation of current officers, directors and key employees was $222k (7.6% of expenses). Other salaries and wages came to $657k. At year end it held assets of $10.7m against liabilities of $475k, net assets of $10.2m. It reported 12 employees.
Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.
Income and spending
Where the income comes from
- Contributions & grants 61%
- Program services 22%
- Other 16%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Southern Nevada Conservancy | Las Vegas | $2.4m |
| Berkshire Garden Center Inc | Stockbridge | $2.4m |
| Environmental Protection Network | Washington | $2.4m |
| Accelerating Circularity Inc | Middletown | $2.4m |