Wellfleet Shellfish Promotion and Tasting Inc

Analysis

Wellfleet Shellfish Promotion and Tasting Inc is a registered charity in United States, based in Wellfleet, MA. It received its IRS tax-exemption ruling in June 2003, 23 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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, Wellfleet Shellfish Promotion and Tasting Inc reported income of $756k and spending of $621k, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $482k to $756k (+57%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 246%. Over the whole period it spent 92% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Wellfleet Shellfish Promotion and Tasting Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within MA. Charities of a similar size with the same main cause include Summit County Junior Livestock Association Inc ($755k), Seaside Seabird Sanctuary ($756k) and Catty Shack Ranch Wildlife Sanctuary Inc ($754k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 76% of the total. Other salaries and wages came to $82k. At year end it held assets of $958k against liabilities of $29k, net assets of $929k. It reported 2 employees.