Maui Ocean Center Marine Institute

Analysis

Maui Ocean Center Marine Institute is a registered charity in United States, based in Wailuku, HI. It received its IRS tax-exemption ruling in October 2016, 10 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, Maui Ocean Center Marine Institute reported income of $346k and spending of $363k, spending 105% of its income. Across the 2 years on record, from December 2021 to December 2022, income grew from $304k to $346k (+14%), an average of +14% a year. Over the whole period it spent 93% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Maui Ocean Center Marine Institute sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 63rd percentile within HI. Charities of a similar size with the same main cause include Alliance of Hazardous Materials Professionals Inc ($346k), Coalition to Save Hempstead Harbor Inc ($346k) and Harbor Wildwatch ($346k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 75% and program service revenue 22% of the total. Compensation of current officers, directors and key employees was $94k (26% of expenses). Other salaries and wages came to $108k. At year end it held assets of $77k against liabilities of $66k, net assets of $11k. It reported 12 employees.