Southern Southeast Regional Aquaculture Association

Analysis

Southern Southeast Regional Aquaculture Association is a registered charity in United States, based in Ketchikan, AK. It received its IRS tax-exemption ruling in July 1978, 48 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, Southern Southeast Regional Aquaculture Association reported income of $22.1m and spending of $10.5m, leaving 52% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $11.8m to $22.1m (+87%), an average of +17% a year. The sharpest change came in the year to June 2023, when income rose by 189%. Over the whole period it spent 93% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Southern Southeast Regional Aquaculture Association sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within AK. Charities of a similar size with the same main cause include The Maryland Zoological Society Inc ($21.6m), Humane Society of Rochester and Monroe County Pca Inc ($22.1m) and Humane Society of the Pikes Peak Region ($21.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.2% and program service revenue 9.6% of the total. Other salaries and wages came to $3.2m. At year end it held assets of $39.3m against liabilities of $20.0m, net assets of $19.2m. It reported 76 employees.