Papahanaumokuakea Marine Debris Project Inc

Analysis

Papahanaumokuakea Marine Debris Project Inc is a registered charity in United States, based in Kailua, HI. It received its IRS tax-exemption ruling in October 2019, 7 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 September 2022, Papahanaumokuakea Marine Debris Project Inc reported income of $1.7m and spending of $1.5m, spending 93% of its income. Across the 2 years on record, from September 2021 to September 2022, income grew from $407k to $1.7m (+310%), an average of +310% a year. The sharpest change came in the year to September 2022, when income rose by 310%. Over the whole period it spent 86% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Papahanaumokuakea Marine Debris Project Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within HI. Charities of a similar size with the same main cause include Hooved Animal Humane Society ($1.7m), Amphibian and Reptile Conservancy Inc ($1.7m) and Spay Neuter Inject Protect Sanantonio ($1.7m).

On its Form 990 for the period ending September 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $61k (4.0% of expenses). Other salaries and wages came to $406k. At year end it held assets of $352k against liabilities of $0, net assets of $352k. It reported 17 employees.