Central Coast Aquarium

Analysis

Central Coast Aquarium is a registered charity in United States, based in Avila Beach, CA. It received its IRS tax-exemption ruling in July 1998, 28 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2023, Central Coast Aquarium reported income of $257k and spending of $329k, spending 128% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $452k to $257k (-43%), an average of -13% a year. The sharpest change came in the year to December 2021, when income rose by 77%. Over the whole period it spent 111% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Central Coast Aquarium sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 61st percentile within CA. Charities of a similar size with the same main cause include Chattanooga Outreach ($257k), Moving and Storage Institute ($257k) and Society of American Indian Dentistinc ($257k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 81% of the total. Other salaries and wages came to $159k. At year end it held assets of $734k against liabilities of $1,713, net assets of $732k. It reported 4 employees.