Oceanic Preservation Society

Analysis

Oceanic Preservation Society is a registered charity in United States, based in Greenbrae, CA. It received its IRS tax-exemption ruling in May 2013, 13 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, Oceanic Preservation Society reported income of $1.6m and spending of $2.2m, spending 140% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.3m to $1.6m (-32%), an average of -9.1% a year. The sharpest change came in the year to December 2023, when income rose by 152%. Over the whole period it spent 96% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Oceanic Preservation Society sits at the 84th percentile: it is larger than about 84% 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 Story of Stuff Project ($1.6m), Futurewise ($1.6m) and Spark Northwest ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $386k (17% of expenses). Other salaries and wages came to $29k. At year end it held assets of $886k against liabilities of $433k, net assets of $453k. It reported 3 employees.