Upwell Turtles

Analysis

Upwell Turtles is a registered charity in United States, based in Monterey, CA. It received its IRS tax-exemption ruling in August 2017, 9 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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, Upwell Turtles reported income of $1.4m and spending of $1.3m, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $1.4m (+40%), an average of +8.7% a year. The sharpest change came in the year to December 2021, when income rose by 56%. Over the whole period it spent 87% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Upwell Turtles 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 83rd percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include Honolulu Zoological Society ($1.4m), Wildfowl Trust of North America Inc ($1.4m) and Middleburg Humane Foundation ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $302k (24% of expenses). Other salaries and wages came to $184k. At year end it held assets of $1.2m against liabilities of $48k, net assets of $1.1m. It reported 12 employees.