Friends of Cabrillo Marine Aquarium

Analysis

Friends of Cabrillo Marine Aquarium is a registered charity in United States, based in San Pedro, CA. It received its IRS tax-exemption ruling in March 1994, 32 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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, Friends of Cabrillo Marine Aquarium reported income of $1.6m and spending of $1.6m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.1m to $1.6m (+48%), an average of +10% a year. The sharpest change came in the year to June 2022, when income rose by 48%. Over the whole period it spent 96% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Friends of Cabrillo Marine Aquarium sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within CA. Charities of a similar size with the same main cause include Blue Mountain Humane Society ($1.6m), Pet Project Foundation Inc ($1.6m) and Good Mews Animal Foundation Inc ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 85% of the total. Compensation of current officers, directors and key employees was $131k (8.2% of expenses). Other salaries and wages came to $423k. At year end it held assets of $1.9m against liabilities of $167k, net assets of $1.7m. It reported 19 employees.