Set Free Monterey Bay

Analysis

Set Free Monterey Bay is a registered charity in United States, based in Monterey, CA. It received its IRS tax-exemption ruling in February 2020, 6 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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 June 2023, Set Free Monterey Bay reported income of $300k and spending of $365k, spending 122% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $132k to $300k (+128%), an average of +128% a year. The sharpest change came in the year to June 2023, when income rose by 128%. Over the whole period it spent 112% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Set Free Monterey Bay sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within CA. Charities of a similar size with the same main cause include The Buffalo Trace Casa Program Inc ($299k), The National Center for Law & Policy ($300k) and L E C of Conn Inc ($299k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $49k (13% of expenses). Other salaries and wages came to $148k. At year end it held assets of $151k against liabilities of $0, net assets of $151k. It reported 9 employees.