Meso-American Reef Fund

Analysis

Meso-American Reef Fund is a registered charity in United States, based in Guatemala. It received its IRS tax-exemption ruling in March 2005, 21 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, Meso-American Reef Fund reported income of $2.9m and spending of $3.9m, spending 136% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $7.0m to $2.9m (-59%), an average of -20% a year. The sharpest change came in the year to December 2022, when income dropped by 116%. Over the whole period it spent 76% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Meso-American Reef Fund sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 89th percentile. Charities of a similar size with the same main cause include Underline Management Organization Inc ($2.9m), Connecticut River Watershed Council Inc ($2.9m) and Pepperwood Foundation ($2.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $143k (3.7% of expenses). Other salaries and wages came to $535k. At year end it held assets of $46.1m against liabilities of $452k, net assets of $45.6m.