Gulf and Caribbean Fisheries Institute Inc

Analysis

Gulf and Caribbean Fisheries Institute Inc is a registered charity in United States, based in Piney Flats, TN. It received its IRS tax-exemption ruling in June 2022, 4 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 September 2023, Gulf and Caribbean Fisheries Institute Inc reported income of $1.1m and spending of $926k, spending 88% of its income. Across the 3 years on record, from September 2021 to September 2023, income grew from $618k to $1.1m (+70%), an average of +30% a year. The sharpest change came in the year to September 2023, when income rose by 45%. Over the whole period it spent 92% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Gulf and Caribbean Fisheries Institute Inc 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 80th percentile, and in the 81st percentile within TN. Charities of a similar size with the same main cause include Whale and Dolphin Conservation Inc ($1.1m), Lasting Adventures Incorporated ($1.1m) and Arroyos & Foothills Conservancy ($1.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 97% and program service revenue 3.2% of the total. Compensation of current officers, directors and key employees was $221k (24% of expenses). At year end it held assets of $621k against liabilities of $8,434, net assets of $613k. It reported 3 employees.