National Oceans and Applications Research Center

Analysis

National Oceans and Applications Research Center is a registered charity in United States, based in Kiln, MS. It received its IRS tax-exemption ruling in May 2016, 10 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 2022, National Oceans and Applications Research Center reported income of $878k and spending of $882k, spending 100% of its income. Across the 4 years on record, from December 2019 to December 2022, income fell from $886k to $878k (-0.9%), an average of -0.3% a year. The sharpest change came in the year to December 2021, when income dropped by 38%. Over the whole period it spent 101% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, National Oceans and Applications Research Center sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 80th percentile within MS. Charities of a similar size with the same main cause include Protect Our Communities Foundation ($877k), Friends of Aullwood Inc ($878k) and Baird Creek Preservation Foundation Inc ($876k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $165k (19% of expenses). Other salaries and wages came to $102k. At year end it held assets of $168k against liabilities of $207k, net assets of -$39k. It reported 4 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.