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Oceans Forward

RegisteredEIN 47-1874294Covina, CAAnimals
Income$1.2m2023-12
Spending$756ksame year
Spent / received82%5-year average
Size in its cause90th pctAnimals
Exempt since2014Publicly supported organisat
Employees0latest return

Analysis

Oceans Forward is a registered charity in United States, based in Covina, CA. It received its IRS tax-exemption ruling in October 2014, 12 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, Oceans Forward reported income of $1.2m and spending of $756k, leaving 38% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $236k to $1.2m (+420%), an average of +51% a year. The sharpest change came in the year to December 2023, when income rose by 160%. Over the whole period it spent 82% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Oceans Forward sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within CA. Charities of a similar size with the same main cause include Caring for Creatures Foundation ($1.2m), Southeast Volusia Humane Society ($1.2m) and Conservation Through Public Health ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 102% of the total. At year end it held assets of $471k against liabilities of $0, net assets of $471k.

Income and spending

$0$307k$613k$920k$1.2m2019 Income: $235,9342019 Spending: $196,44520192020 Income: $441,5102020 Spending: $459,93320202021 Income: $297,2322021 Spending: $294,48620212022 Income: $470,9552022 Spending: $497,20820222023 Income: $1,226,5262023 Spending: $756,2512023
IncomeSpending

Where the income comes from

  • Contributions & grants 100%

Similar-sized charities, same cause

CharityLocationIncome
Caring for Creatures FoundationPalmyra$1.2m
Southeast Volusia Humane SocietyNew Smyrna$1.2m
Conservation Through Public HealthHolly Springs$1.2m
Humane Society of Westmoreland CountyGreensburg$1.2m