Atlantic White Shark Conservancy Inc

Analysis

Atlantic White Shark Conservancy Inc is a registered charity in United States, based in Chatham, MA. It received its IRS tax-exemption ruling in November 2012, 14 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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, Atlantic White Shark Conservancy Inc reported income of $1.8m and spending of $1.8m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.8m (+61%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 46%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Atlantic White Shark Conservancy Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within MA. Charities of a similar size with the same main cause include Maine Historical Society ($1.8m), Arts District Los Angeles ($1.8m) and American Precision Museum Association ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% and program service revenue 29% of the total. Other salaries and wages came to $723k. At year end it held assets of $3.0m against liabilities of $1.4m, net assets of $1.7m. It reported 23 employees.