Oregon Coast Aquarium Inc

Analysis

Oregon Coast Aquarium Inc is a registered charity in United States, based in Newport, OR. It received its IRS tax-exemption ruling in May 1985, 41 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 September 2023, Oregon Coast Aquarium Inc reported income of $15.1m and spending of $11.3m, leaving 25% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $12.7m to $15.1m (+18%), an average of +4.3% a year. The sharpest change came in the year to September 2021, when income rose by 213%. Over the whole period it spent 62% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Oregon Coast Aquarium Inc 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 96th percentile, and in the 97th percentile within OR. Charities of a similar size with the same main cause include Farm Sanctuary Inc ($14.5m), Rhode Island Zoological Society ($15.2m) and National Marine Mammal Foundation Inc ($14.5m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 33% and program service revenue 62% of the total. Compensation of current officers, directors and key employees was $330k (2.9% of expenses). Other salaries and wages came to $3.8m. At year end it held assets of $50.7m against liabilities of $7.4m, net assets of $43.3m. It reported 126 employees.