Tikkun Hayam-Repair the Sea Inc

Analysis

Tikkun Hayam-Repair the Sea Inc is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in January 2022, 4 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Tikkun Hayam-Repair the Sea Inc reported income of $378k and spending of $609k, spending 161% of what it took in. Across the 3 years on record, from June 2022 to December 2023, income grew from $320k to $378k (+18%), an average of +8.7% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 92% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Tikkun Hayam-Repair the Sea Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 68th percentile within FL. Charities of a similar size with the same main cause include River Bend Nature Center Inc ($378k), American Friends of the Israel Union for Environmental Defense ($378k) and Maine Lobster Community Alliance ($377k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $267k. At year end it held assets of $354k against liabilities of $948, net assets of $353k. It reported 4 employees.