California Ocean Science TR

Analysis

California Ocean Science TR is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in December 2005, 21 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, California Ocean Science TR reported income of $11.3m and spending of $1.5m, leaving 87% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $697k to $11.3m (+1525%), an average of +101% a year. The sharpest change came in the year to September 2023, when income rose by 1493%. Over the whole period it spent 45% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, California Ocean Science TR sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include Ecology Action of Santa Cruz ($11.3m), Mongabayorg Corporation ($11.4m) and Alabama Resource Conservation and Development Council Inc ($11.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $305k (21% of expenses). Other salaries and wages came to $691k. At year end it held assets of $11.8m against liabilities of $884k, net assets of $10.9m. It reported 13 employees.