Karen Beasley Sea Turtle Rescue and Rehabilitation Center

Analysis

Karen Beasley Sea Turtle Rescue and Rehabilitation Center is a registered charity in United States, based in Surf City, NC. It received its IRS tax-exemption ruling in September 1998, 28 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, Karen Beasley Sea Turtle Rescue and Rehabilitation Center reported income of $1.7m and spending of $862k, leaving 48% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $773k to $1.7m (+114%), an average of +21% a year. The sharpest change came in the year to December 2021, when income rose by 252%. Over the whole period it spent 53% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Karen Beasley Sea Turtle Rescue and Rehabilitation Center sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within NC. Charities of a similar size with the same main cause include Friends of the Greenville Zoo Inc ($1.7m), Free to Live Incorporated ($1.7m) and Institute of Range & the American Mustang ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% of the total. Other salaries and wages came to $255k. At year end it held assets of $7.1m against liabilities of $28k, net assets of $7.1m.