California Marine Sanctuary Foundation

Analysis

California Marine Sanctuary Foundation is a registered charity in United States, based in Monterey, CA. It received its IRS tax-exemption ruling in April 1996, 30 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, California Marine Sanctuary Foundation reported income of $2.6m and spending of $2.4m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $665k to $2.6m (+285%), an average of +40% a year. The sharpest change came in the year to December 2020, when income rose by 179%. Over the whole period it spent 102% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, California Marine Sanctuary Foundation sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within CA. Charities of a similar size with the same main cause include Michigan Animal Rescue League ($2.6m), The Humane Society Wildlife Land TR ($2.6m) and Southern California Equine Foundation Inc ($2.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.1% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $151k (6.2% of expenses). Other salaries and wages came to $967k. At year end it held assets of $4.4m against liabilities of $3.7m, net assets of $798k. It reported 18 employees.