Marine Megafauna Foundation

Analysis

Marine Megafauna Foundation is a registered charity in United States, based in West Palm BCH, FL. It received its IRS tax-exemption ruling in September 2012, 14 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Marine Megafauna Foundation reported income of $840k and spending of $970k, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $522k to $840k (+61%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 139%. Over the whole period it spent 96% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Marine Megafauna Foundation sits at the 79th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 79th percentile within FL. Charities of a similar size with the same main cause include Operation Renewed Hope Medical Missions Agency ($840k), Water at Work Ministry Inc ($840k) and Double Up Drive Inc ($839k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $87k (9.0% of expenses). Other salaries and wages came to $37k. At year end it held assets of $169k against liabilities of $15k, net assets of $154k.