Islands Oil Spill Association

Analysis

Islands Oil Spill Association is a registered charity in United States, based in Friday Harbor, WA. It received its IRS tax-exemption ruling in February 1990, 36 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Islands Oil Spill Association reported income of $322k and spending of $191k, leaving 41% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $300k to $322k (+7.6%), an average of +3.7% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Islands Oil Spill Association 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 63rd percentile, and in the 61st percentile within WA. Charities of a similar size with the same main cause include Kidzone Inc ($322k), Project Second Chance ($322k) and Loretta K Vogt Char TR ($322k).

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 $88k. At year end it held assets of $410k against liabilities of $4,829, net assets of $405k. It reported 3 employees.