Dolphin Research Center Inc

Analysis

Dolphin Research Center Inc is a registered charity in United States, based in Grassy Key, FL. It received its IRS tax-exemption ruling in October 1982, 44 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 June 2023, Dolphin Research Center Inc reported income of $6.6m and spending of $7.0m, spending 105% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.5m to $6.6m (+1.8%), an average of +0.5% a year. The sharpest change came in the year to June 2021, when income rose by 74%. Over the whole period it spent 97% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Dolphin Research Center Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within FL. Charities of a similar size with the same main cause include Kitsap Humane Society ($6.5m), Humane Society of New York ($6.6m) and Colbys Crew Rescue ($6.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 22% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $516k (7.4% of expenses). Other salaries and wages came to $3.2m. At year end it held assets of $10.6m against liabilities of $2.4m, net assets of $8.2m. It reported 116 employees.