Monterey Bay Salmon & Trout Project

Analysis

Monterey Bay Salmon & Trout Project is a registered charity in United States, based in Watsonville, CA. It received its IRS tax-exemption ruling in March 1987, 39 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 December 2023, Monterey Bay Salmon & Trout Project reported income of $1.1m and spending of $876k, leaving 20% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $511k to $1.1m (+114%), an average of +21% a year. The sharpest change came in the year to December 2023, when income rose by 232%. 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, Monterey Bay Salmon & Trout Project sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include Evansville Zoological Society Inc ($1.1m), American Fondouk Maintenance Committee Inc ($1.1m) and Satchels Last Resort Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $105k (12% of expenses). Other salaries and wages came to $109k. At year end it held assets of $512k against liabilities of $0, net assets of $512k. It reported 6 employees.