Crystal Cove Conservancy

Analysis

Crystal Cove Conservancy is a registered charity in United States, based in Newport Coast, CA. It received its IRS tax-exemption ruling in June 2000, 26 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Crystal Cove Conservancy reported income of $14.1m and spending of $12.1m, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.4m to $14.1m (+493%), an average of +56% a year. The sharpest change came in the year to June 2023, when income rose by 126%. Over the whole period it spent 110% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Crystal Cove Conservancy sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include Prospect Park Alliance Inc ($14.1m), Divers Alert Network ($14.3m) and Fondo Permanente Para LA Administracion Operacion Y ($13.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 0.8% of the total. Compensation of current officers, directors and key employees was $218k (1.8% of expenses). Other salaries and wages came to $973k. At year end it held assets of $9.7m against liabilities of $3.8m, net assets of $5.9m. It reported 40 employees.