Agua Hedionda Lagoon Foundation

Analysis

Agua Hedionda Lagoon Foundation is a registered charity in United States, based in Carlsbad, CA. It received its IRS tax-exemption ruling in June 1995, 31 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 June 2023, Agua Hedionda Lagoon Foundation reported income of $1.5m and spending of $1.3m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $597k to $1.5m (+144%), an average of +25% a year. The sharpest change came in the year to June 2021, when income rose by 91%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Agua Hedionda Lagoon Foundation sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include Tides of Change ($1.5m), St Anthony Foundation ($1.5m) and The Washington Center ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 47% and program service revenue 37% of the total. Other salaries and wages came to $700k. At year end it held assets of $879k against liabilities of $1,713, net assets of $878k. It reported 48 employees.