Bahamas Marine Ecocentre

Analysis

Bahamas Marine Ecocentre is a registered charity in United States, based in Palmetto Bay, FL. It received its IRS tax-exemption ruling in September 2014, 12 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, Bahamas Marine Ecocentre reported income of $425k and spending of $312k, leaving 27% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $241k to $425k (+77%), an average of +77% a year. The sharpest change came in the year to December 2023, when income rose by 77%. Over the whole period it spent 90% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Bahamas Marine Ecocentre sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within FL. Charities of a similar size with the same main cause include Muskegon Area Chamber of Commerce Foundation ($425k), Blue Heron Nature Preserve Inc ($426k) and Gila Resources Information Project ($425k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $135k against liabilities of $0, net assets of $135k.