Santa Monica Bay Foundation

Analysis

Santa Monica Bay Foundation is a registered charity in United States, based in Playa Del Rey, CA. It received its IRS tax-exemption ruling in August 1991, 35 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 June 2023, Santa Monica Bay Foundation reported income of $2.8m and spending of $2.5m, spending 92% of its income. Across the 4 years on record, from June 2019 to June 2023, income grew from $1.9m to $2.8m (+45%), an average of +13% a year. The sharpest change came in the year to June 2022, when income rose by 30%. Over the whole period it spent 93% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Santa Monica Bay Foundation sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include Friends of the Boundary Waters Wilderness ($2.8m), Guanacaste Dry Forest Conservation Fund ($2.8m) and Bahamas National Trust Fund Inc ($2.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $316k (12% of expenses). Other salaries and wages came to $704k. At year end it held assets of $2.1m against liabilities of $183k, net assets of $1.9m. It reported 19 employees.