Hubbs Sea World Research Institute

Analysis

Hubbs Sea World Research Institute is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in December 1963, 63 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, Hubbs Sea World Research Institute reported income of $5.4m and spending of $5.0m, spending 93% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $4.7m to $5.4m (+14%), an average of +4.4% a year. The sharpest change came in the year to June 2021, when income rose by 17%. Over the whole period it spent 94% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Hubbs Sea World Research Institute sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within CA. Charities of a similar size with the same main cause include The Bond Between PC ($5.4m), People for Animals Inc ($5.4m) and Project Chimps ($5.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% and program service revenue 3.5% of the total. Compensation of current officers, directors and key employees was $643k (13% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $8.5m against liabilities of $919k, net assets of $7.6m. It reported 54 employees.