Fort Bragg Groundfish Conservation Trust

Analysis

Fort Bragg Groundfish Conservation Trust is a registered charity in United States, based in Fort Bragg, CA. It received its IRS tax-exemption ruling in May 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Fort Bragg Groundfish Conservation Trust reported income of $78k and spending of $31k, leaving 60% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $223k to $78k (-65%), an average of -23% a year. The sharpest change came in the year to December 2022, when income rose by 104%. Over the whole period it spent 33% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Fort Bragg Groundfish Conservation Trust sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 32nd percentile within CA. Charities of a similar size with the same main cause include Gentle Acres Animal Haven Inc ($78k), K-9line Inc ($78k) and Green Acres Animal Rescue ($78k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $29k (92% of expenses). At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m. It reported 1 employees.