Love the Sea

Analysis

Love the Sea is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in December 2015, 11 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 March 2024, Love the Sea reported income of $126k and spending of $71k, leaving 43% of income unspent that year. Across the 2 years on record, from March 2023 to March 2024, income grew from $62k to $126k (+104%), an average of +104% a year. The sharpest change came in the year to March 2024, when income rose by 104%. Over the whole period it spent 61% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Love the Sea sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 41st percentile within HI. Charities of a similar size with the same main cause include Deer Lake Association of Itasca County ($126k), Reorganized Olowalu Cultural Reserve ($126k) and Tennessee Federation of Garden Clubs Inc ($126k).

On its Form 990-EZ for the period ending March 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $74k against liabilities of $33k, net assets of $41k.