Monterey Bay Fisheries Trust

Analysis

Monterey Bay Fisheries Trust is a registered charity in United States, based in Santa Cruz, CA. It received its IRS tax-exemption ruling in January 2015, 11 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, Monterey Bay Fisheries Trust reported income of $418k and spending of $551k, spending 132% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $521k to $418k (-20%), an average of -5.3% a year. The sharpest change came in the year to December 2021, when income dropped by 18%. Over the whole period it spent 99% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Monterey Bay Fisheries Trust sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 69th percentile within CA. Charities of a similar size with the same main cause include Needy Paws Rescue ($418k), Wynne Friends of Animals ($419k) and Meade Canine Rescue Foundation ($418k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $112k (20% of expenses). Other salaries and wages came to $125k. At year end it held assets of $1.7m against liabilities of $253k, net assets of $1.5m. It reported 4 employees.