Hubbs Florida Ocean Fund Inc

Analysis

Hubbs Florida Ocean Fund Inc is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in March 2005, 21 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 June 2023, Hubbs Florida Ocean Fund Inc reported income of $395k and spending of $395k, spending 100% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $361k to $395k (+9.6%), an average of +3.1% a year. Over the whole period it spent 100% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Hubbs Florida Ocean Fund Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 68th percentile within CA. Charities of a similar size with the same main cause include Englewood Animal Rescues ($395k), Humane Society of Rowan County Inc ($396k) and A Friend of Jack Rescue ($395k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $42k against liabilities of $40k, net assets of $2,117.