Healthy Gulf

Analysis

Healthy Gulf is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in July 1999, 27 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 December 2022, Healthy Gulf reported income of $3.4m and spending of $2.1m, leaving 37% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $827k to $3.4m (+309%), an average of +60% a year. The sharpest change came in the year to December 2021, when income rose by 110%. Over the whole period it spent 70% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Healthy Gulf sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within LA. Charities of a similar size with the same main cause include Hawaii Tropical Botanical Garden ($3.4m), Evanston Rebuilding Warehouse ($3.4m) and San Dieguito River Valley Land Conservancy ($3.4m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 93% and program service revenue 4.9% of the total. Compensation of current officers, directors and key employees was $164k (7.7% of expenses). Other salaries and wages came to $912k. At year end it held assets of $5.8m against liabilities of $1.5m, net assets of $4.3m. It reported 26 employees.