Southern California Marine Institute

Analysis

Southern California Marine Institute is a registered charity in United States, based in San Pedro, CA. It received its IRS tax-exemption ruling in November 1995, 31 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Southern California Marine Institute reported income of $692k and spending of $620k, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $375k to $692k (+84%), an average of +16% a year. The sharpest change came in the year to June 2021, when income rose by 122%. Over the whole period it spent 91% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Southern California Marine Institute 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 75th percentile, and in the 76th percentile within CA. Charities of a similar size with the same main cause include Zoetic Stage Inc ($692k), The Redmond Academy of Theatre Arts ($692k) and Indiana Ballet Conservatory Inc ($692k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $439k against liabilities of $0, net assets of $439k.