National Save the Sea Turtle Foundation Inc

Analysis

National Save the Sea Turtle Foundation Inc is a registered charity in United States, based in N Palm Beach, FL. It received its IRS tax-exemption ruling in December 1987, 39 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 May 2023, National Save the Sea Turtle Foundation Inc reported income of $10.0m and spending of $22.6m, spending 226% of what it took in. Across the 5 years on record, from May 2019 to May 2023, income fell from $15.3m to $10.0m (-35%), an average of -10% a year. The sharpest change came in the year to May 2020, when income rose by 191%. Over the whole period it spent 84% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, National Save the Sea Turtle Foundation 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 95th percentile, and in the 96th percentile within FL. Charities of a similar size with the same main cause include Associated Humane Societies Inc ($9.9m), Dedication and Everlasting Love to Animals ($10.0m) and Community Animal Medicine Project ($9.9m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $274k (1.2% of expenses). Other salaries and wages came to $67k. At year end it held assets of $36.6m against liabilities of $562k, net assets of $36.1m. It reported 3 employees.