Laguna Ocean Foundation

Analysis

Laguna Ocean Foundation is a registered charity in United States, based in Laguna Beach, CA. It received its IRS tax-exemption ruling in September 2004, 22 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 June 2024, Laguna Ocean Foundation reported income of $440k and spending of $443k, spending 101% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $272k to $440k (+62%), an average of +27% a year. The sharpest change came in the year to June 2024, when income rose by 51%. Over the whole period it spent 102% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Laguna Ocean Foundation sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within CA. Charities of a similar size with the same main cause include Four Corners Office for Resource Efficiency ($438k), Mississippi River Parkway Commission ($440k) and Floresta Project Inc ($438k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $195k. At year end it held assets of $222k against liabilities of $1,513, net assets of $221k.