The Coral Reef Alliance

Analysis

The Coral Reef Alliance is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in December 1994, 32 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, The Coral Reef Alliance reported income of $3.9m and spending of $4.3m, spending 111% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $4.1m to $3.9m (-4.4%), an average of -1.5% a year. Over the whole period it spent 91% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, The Coral Reef Alliance sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within CA. Charities of a similar size with the same main cause include Aspen Valley Land Trust ($3.9m), Michigan Environmental Council ($3.9m) and Coalition for the Upper South Platte ($3.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $355k (8.2% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $3.7m against liabilities of $302k, net assets of $3.4m. It reported 24 employees.