Save the Waves Coalition

Analysis

Save the Waves Coalition is a registered charity in United States, based in Santa Cruz, CA. It received its IRS tax-exemption ruling in December 2003, 23 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 December 2023, Save the Waves Coalition reported income of $2.6m and spending of $1.4m, leaving 45% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $778k to $2.6m (+230%), an average of +35% a year. The sharpest change came in the year to December 2023, when income rose by 118%. Over the whole period it spent 79% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Save the Waves Coalition sits at the 89th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within CA. Charities of a similar size with the same main cause include Ecorise Youth Innovations ($2.6m), The Earthfire Institute ($2.6m) and Deschutes Basin Land Trust ($2.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $190k (14% of expenses). Other salaries and wages came to $504k. At year end it held assets of $1.7m against liabilities of $63k, net assets of $1.6m. It reported 8 employees.